As of the latest market updates, Bitcoin (BTC) is trading at RM 257,999.95, reflecting a decrease of 2.29%, driven by investor caution ahead of the US Fed’s interest rate decision on September 18th, which has led to a broader market pullback, according to CoinDesk. Ethereum (ETH) has seen a larger decline of 4.41%, now priced at RM 10,870.01, as concerns over regulatory scrutiny continue to weigh on the market sentiment, reported by Reuters. Litecoin (LTC) remains relatively stable at RM 288.00, down just 0.10%, as it maintains its position amid the fluctuations, as stated by CryptoSlate. XRP has dropped 3.28% to RM 2.44, influenced by ongoing legal challenges and uncertainty surrounding its regulatory status, according to The Block. In contrast, Solana (SOL) has experienced a notable increase of 3.51%, now at RM 570.00, buoyed by positive developments in its ecosystem and growing interest in decentralized applications, as reported by Decrypt. Bitcoin Cash (BCH) has also gained slightly by 1.17%, trading at RM 1,370.02, likely benefiting from the general resilience of altcoins amid the current market dynamics, according to CoinTelegraph. Finally, Uniswap (UNI) has fallen by 2.94% to RM 30.90, as the decentralized finance (DeFi) sector faces headwinds from regulatory scrutiny and market volatility, as stated by The Verge.
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