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Cryptos consolidate as investors await direction from the Fed on interest rates
Consolidation was the name of the game in the cryptocurrency market on Tuesday, and will likely continue to be the case for the foreseeable future, as traders look to rebalance their portfolios amid a lull in any major ecosystem developments or market-moving announcements. Stocks traded mixed ahead of a busy week of earnings reports and the upcoming interest rate announcement from the Federal Reserve, which is expected to hold rates steady for the time being. Whether cuts will happen in March or May is the subject of intense debate on Wall Street as markets hang near records, with the CME FedWatch tool showing ... (full story)