The crypto market has been experiencing a great deal of volatility recently, as the price of Bitcoin dropped following the Federal Reserve’s decision to pause its interest rate hikes. The news of the pause sent shockwaves through the crypto market, as investors began to worry about the future of the digital currency.

Bitcoin, the most popular cryptocurrency, is currently trading at around $7,500, down from a high of nearly $20,000 in December 2017. The recent drop in price is largely attributed to the Federal Reserve’s decision to pause its interest rate hikes. The Federal Reserve has been gradually increasing interest rates since late 2015, but the recent pause has caused some investors to worry that the central bank may be starting to reverse course.

The news of the pause has caused a great deal of uncertainty in the crypto market, as investors are unsure of how the pause will affect the future of Bitcoin and other cryptocurrencies. Some analysts have suggested that the pause could lead to a further drop in prices, while others believe that it could be a sign of stability and a potential recovery in the near future.

Regardless of what happens in the short-term, it is clear that the crypto market is experiencing a great deal of volatility due to the Federal Reserve’s decision to pause its interest rate hikes. Investors should remain cautious and keep an eye on the market in order to make informed decisions about their investments. It is also important to remember that cryptocurrencies are still relatively new and unpredictable, so it is best to invest only what you can afford to lose.