Update
Fed Policy Shift Affects Altcoins
The Federal Reserve (Fed) held interest rates steady, leaving altcoins such as Solana (SOL), Shiba Inu (SHIB), BNB, GIGA, and TURBO exposed to market uncertainty. Fed Chair Kevin Warsh discussed inflation and growth, indicating continued pressure on inflation despite strong economic growth. The article highlights that while interest rates are a factor, other factors such as liquidity, investor sentiment, and network activity also influence altcoin performance.