Crypto prices on Wednesday have again fueled bearish sentiments among investors as the broader market took a severe hit following Federal Reserve Chair Jerome Powell’s recent testimony. Bitcoin (BTC) price again swooped to a $95K low, whereas altcoins such as Ethereum (ETH), XRP, and Solana (SOL) mimicked a dipping trajectory. Meanwhile, market participants remain cautious as the U.S. CPI and PPI data are set to be released shortly ahead.
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