Crypto Price Today: Bitcoin falls below $25,900; BNB, Shiba Inu shed up to 5%

The cryptocurrency markets were trading mixed on Monday ahead of key inflation data later in the day. Bitcoin, XRP, Cardano, and Polygon were trading with gains, while Ethereum, BNB, Solana, and Shiba Inu were trading with cuts.

Bitcoin (BTC) rose 0.28% to $25,864, whereas Ethereum (ETH) was below the $1,750 level.

“The crypto market is yet to respond to the US Fed’s decision to pause rate hikes. It is important to note that the US Fed has increased interest rates by 500 basis points since it started its war against inflation and prevented the economy from slipping into possible recession,” Shivam Thakral, CEO of BuyUcoin, said.