Pi Network's PI and WLFI Dump the Most, BTC Recovers From Post-FOMC Dip: Market Watch
Bitcoin briefly fell to just under $75,000 after the Fed held rates as expected but recovered roughly $1,000 afterward, leaving BTC down just over 1%. Its market cap eased to about $1.52 trillion with dominance near 58%. Larger-cap altcoins broadly traded lower — ETH slid roughly 3% to ~$2,250, while BNB, XRP, SOL, ADA, BCH and LINK each fell 1–2%. Smaller tokens saw sharper losses: WLFI plunged over 16% to $0.06 and Pi Network’s PI dropped about 11% to $0.175. The total crypto market cap fell by over $60 billion to roughly $2.62 trillion. Overall, the piece highlights short-term risk-off pressure around the FOMC outcome, selective rebounds in BTC, and significant downside in specific altcoins tied to idiosyncratic news.