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Dogecoin slid the most with an 11% drop, extending weekly losses to over 21%.The broad-basedCoinDesk 20 (CD20), an index of the largest tokens by market cap, fell 5.5%.

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Nasdaq plummeted 3.5%, S&P 500 dropped 2.9% and BTC declined more than 6% since the meeting, where Fed chair Jerome Powell hinted at only a few rate cuts in 2025.Powell then said at a post-FOMC press conference that the central bank wasn’t allowed to own bitcoin under current regulations — in response to a question about President-elect Donald Trump’s strategic reserve promises.Freelance content creation for online education Manage Your Wealth, Achieve High Returns