The largest cryptocurrency couldn’t reclaim $27,000, its level before the Fed decision. Yuya Hasegawa, an analyst at the crypto exchange Bitbank, said, ‘If… volatility in the broader financial markets decreases as expected, Bitcoin may see a slight recovery in the next few days.’ However, catalysts for a stronger rally still don’t seem apparent, as federal legislatures are stuck in efforts to enact comprehensive crypto regulation. Beyond Bitcoin, other cryptocurrencies generally experienced declines as well. The second-largest cryptocurrency, Ethereum, fell by 1% to $1,576. Smaller cryptocurrencies or alternative coins also faced declines, with Cardano dropping by 0.3% and Solana by 0.8%. Memecoins also experienced similar declines, with Dogecoin losing 1.3% in value.