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Bitcoin slides 6% to below $65,000 ahead of US Fed policy decision

Bitcoin fell 5.6% to $64,356 in Tuesday's trading session amid profit booking and ahead of the Federal Reserve policy decision and commentary on Wednesday. Meanwhile, Ethereum, the second largest crypto token, also plunged over 7% to $3,350. The global cryptocurrency market cap declined 5.35% to around $2.45 trillion in the last 24 hours. Other popular crypto tokens such as BNB (-7%), Solana (-7.6%), Cardano (-7.2%), Avalanche (-4.6%), Dogecoin (-12%), Shiba Inu (-11.6%), and Polygon (9.5%) declined. XRP, Polkadot, Tron, Toncoin, and NEW Protocol also fell. Bitcoin's dominance is currently 52.44%, according to CoinMarketCap.


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