New Delhi, Dec. 11 -- World's largest cryptocurrency Bitcoin and Ethereum fell by nearly 3% after the US Federal Reserve struck a cautious tone, pointing to rising inflation risks and weakening employment. This tempered expectations of sharp rate cuts.

On Thursday, December 11, Bitcoin was trading at $90,154, while Ethereum stood at $3,193.

Over the last 24 hours, Bitcoin declined 2.68% and Ethereum dropped 3.53%. Several major altcoins - including XRP, BNB, Solana, Tron, Dogecoin, Cardano, and Hyperliquid - also posted losses of more than 7% during the same period. As per CoinMarketCap data, the overall global crypto market capitalisation dipped 2.88% to $3.06 trillion.

"Even though Bitcoin and Ethereum have corrected after the Fed's ...