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Bitcoin, XRP Decline Ahead of Warsh's First FOMC; Rates Seen Unchanged

Monetary Policy Price Volatility Stocks

2026-06-17 14:12:17

BTC-0.26%

XRP0.17%

ETH-0.61%

SOL0.54%

According to the CME FedWatch Tool, crypto markets are bracing for Federal Reserve Chair Kevin Warsh's first FOMC decision today (June 17), with a 99% probability that interest rates will remain unchanged. The announcement is scheduled for 2:00 p.m. ET, followed by Warsh's press conference 30 minutes later.

Over the past 24 hours, Bitcoin fell 1.4% to $65,174, while XRP dropped 1.7% to $1.19, Ethereum declined over 2% to $1,763, and Solana fell more than 2% to $72.48. The broader crypto market weakened, with total market capitalization slipping 1% to $2.32 trillion.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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