Crypto Weaker on Rate Hike Concerns -- Market Talk
Dow Jones2026/07/28 15:041104 ET - Major cryptocurrencies are dropping, with investors anxious about the possibility of a rate hike Wednesday by the Fed, and "an ongoing deleveraging in the tech sector," says Stephen Coltman of 21shares. The shelving of the Clarity Act for now by the U.S. Senate is also weighing on crypto. Bitcoin is down 2.8% to $63,130, while ethereum falls 3.5% to $1,877, XRP sheds 3.6% to $1.05, and solana is down 4.1% to $72.80. (kirk.maltais@wsj.com)
(END) Dow Jones Newswires
July 28, 2026 11:04 ET (15:04 GMT)
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