Bitcoin Dominance Grows As Crypto Risk Appetite Remains Low

The crypto market has been moving in the red during today’s trading session with Bitcoin and Ethereum surrendering the past week’s gains. The first cryptocurrency by market capitalization seems to be reacting to the Federal Open Market Committee (FOME) meeting set for tomorrow.During this event, the U.S. Federal Reserve (Fed) is expected to potentially announce an increase in interest rates. Projection aimed at a 75 basis points (bps) hike, but the financial institution might surpris