Bitcoin fell on Tuesday, extending its cautious performance from the previous session, as investors awaited the U.S. Federal Reserve\u2019s policy meeting<\/strong>, set to begin later in the day.<\/p>\n\n\n\n As of 02:32 ET (06:32 GMT)<\/strong>, the world\u2019s largest cryptocurrency dropped 1% to $82,415.50<\/strong>, reflecting ongoing market uncertainty.<\/p>\n\n\n\n Bitcoin has seen muted price action this month, declining 2% so far<\/strong>, as traders remain hesitant in the absence of clear risk-on signals. Meanwhile, gold prices<\/strong> hit another record high on Tuesday, underscoring its appeal as a safe-haven asset.<\/p>\n\n\n\n Investors are closely watching the March 18-19 Federal Reserve meeting<\/strong>, where interest rates are expected to remain unchanged. The Fed\u2019s commentary on President Donald Trump\u2019s tariff policies<\/strong> and their potential impact on inflation and economic growth will be a key focus.<\/p>\n\n\n\n A hawkish Fed stance<\/strong> amid economic uncertainties could further weigh on Bitcoin, as higher borrowing costs and a risk-averse environment generally reduce demand for speculative assets. Additionally, expectations of easing inflation under a strict monetary policy diminish Bitcoin\u2019s appeal<\/strong> as a hedge against rising prices.<\/p>\n\n\n\n In regulatory news, Canary Capital Group<\/strong> has filed for approval to launch an exchange-traded fund (ETF) tied to the spot price of Sui<\/strong>, the native cryptocurrency of the Sui Network<\/strong>.<\/p>\n\n\n\n This marks Canary Capital\u2019s sixth ETF application<\/strong> with the U.S. Securities and Exchange Commission (SEC)<\/strong>, reflecting growing optimism for regulatory approval.<\/p>\n\n\n\n \u201cThe proposed ETF would offer institutional and retail investors direct exposure to SUI through a familiar investment structure,\u201d the Sui Foundation<\/strong> said in a statement.<\/p>\n\n\n\n The SEC\u2019s decision remains pending, with approvals potentially contingent on the confirmation of the new SEC chair.<\/p>\n\n\n\n The broader cryptocurrency market mirrored Bitcoin\u2019s losses on Tuesday, with most altcoins trading lower.<\/p>\n\n\n\n Market sentiment remains cautious ahead of the Fed\u2019s policy decision, with risk appetite subdued across the crypto space.<\/p>\n","protected":false},"excerpt":{"rendered":" Bitcoin fell on Tuesday, extending its cautious performance from the previous session, as investors awaited the U.S. Federal Reserve\u2019s policy meeting, set to begin later in the day. As of 02:32 ET (06:32 GMT), the world\u2019s largest cryptocurrency dropped 1% to $82,415.50, reflecting ongoing market uncertainty. Fed Policy Decision in Focus Bitcoin has seen muted …<\/p>\n","protected":false},"author":9,"featured_media":105265,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,39,36],"tags":[],"class_list":["post-112869","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-global-stock-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=112869"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112869\/revisions"}],"predecessor-version":[{"id":112870,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/112869\/revisions\/112870"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/105265"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=112869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=112869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=112869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Fed Policy Decision in Focus<\/h3>\n\n\n\n
Canary Capital Seeks Approval for Sui-Based ETF<\/h3>\n\n\n\n
Altcoins Decline Alongside Bitcoin<\/h3>\n\n\n\n
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