Bitcoin and major altcoins extend declines amid global rate uncertainty

Major cryptocurrencies continued to decline as Bitcoin, Ethereum, and XRP extended recent corrections. Ethereum slipped below the $2,900 level, while XRP touched a two-month low. Market sentiment remained cautious amid uncertainty around global interest rate decisions, with traders monitoring policy signals from major central banks influencing risk appetite across digital assets.

Crypto investors are reassessing opportunities as regulatory pressure eases and sector-specific use cases gain traction. The US SEC’s decision to close its multi year probe into Aave has reduced uncertainty around decentralized finance, reinforcing confidence in established lending protocols despite muted short-term price action. At the same time, infrastructure and gaming tokens are drawing attention. Web3 gaming platform Tapzi is positioning itself around skill-based competition and sustainable token economics, targeting long-term engagement rather than speculative rewards.