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Crypto Market Update: ADA and XRP Decline as Bitcoin Steady Ahead of Fed Meeting

May 6, 2025May 6, 2025 - by Elena Garcia - Leave a Comment

Cardano’s ADA and Ripple’s XRP face declines as traders await the Federal Reserve’s interest rate decision. Bitcoin remains stable above $94,000, while demand for certain DeFi tokens is rising. Market …

Bitcoin / Market

Cardano and Ripple Suffer Losses as Traders Eye Critical Fed Meeting

May 6, 2025May 6, 2025 - by Shanice Murray - Leave a Comment

Cardano (ADA) and Ripple (XRP) saw declines as traders wait for the Federal Reserve’s interest rate meeting. Bitcoin remains stable above $94,000, while DeFi tokens like AAVE and Hyperliquid’s HYPE …