Fed Minutes Spark Crypto Corrections as Traders Weigh Inflation Uncertainty

The crypto market saw a brief correction following the release of the US Federal Reserve’s May policy meeting minutes. Bitcoin and Ethereum fell by around 2% on Tuesday evening, while Solana and XRP dipped by 4%. The corrections came after the Fed revealed that officials are increasingly concerned about a difficult economic outlook.   FOMC Minutes Indicate Inflation Fears and Policy Paralysis Policymakers discussed the risk of rising inflation and unemployment happening simultaneously source: https://beincrypto.com/fed-minutes-crypto-market-reaction-may/