XLM

Bitcoin weakened before the Federal Reserve’s rate decision as the Senate defeat of the Clarity Act removed a potential policy catalyst for crypto bulls. Markets are nearly fully priced for a quarter-point hike, but the bigger test may come from Chair Kevin Warsh’s ability to satisfy expectations for further tightening.

Bitcoin and ether are pressing into important support zones while derivatives markets signal persistent caution among traders. Stellar and LIT are among the few tokens outperforming in an otherwise weak crypto session.