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Cryptocurrency price on August 1: Bitcoin falls below $65,000; Solana, XRP drop up to 8%

Cryptocurrency price on August 1: Bitcoin falls below $65,000; Solana, XRP drop up to 8%

Overnight, the US Federal Reserve maintained its key interest rate at 5.25–5.5% for the eighth consecutive time, as expected, while signaling the possibility of a rate cut in its next meeting in September. The Federal Open Market Committee's unanimous decision reflects a continued wait-and-watch approach as it monitors inflation trends.

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