- Bitcoin's price continues its correction near the $65,000 level, awaiting investors' interest rate decision from the Federal Open Market Committee's first meeting with Kevin Warsh as Federal Reserve Chair.

- Cryptocurrency News Today: Bitcoin, Ethereum, and XRP:
Bitcoin, Ethereum, and XRP prices declined amid market expectations of the Federal Reserve holding interest rates steady.
Investors in the cryptocurrency market remain cautious ahead of the Federal Reserve's monetary policy decision, which is generally expected to keep interest rates unchanged. Investors estimate nearly 100% probability that the Federal Open Market Committee will keep rates within the 3.50% to 3.75% range.

This announcement marks the first interest rate decision made by Kevin Warch as Chairman of the Federal Reserve. Warch's four-year term began in May. The decision comes amid the highest inflation rate in the United States in three years, just before the signing of the peace agreement between the US and Iran on Friday.

Market participants will watch Warch's press conference after the meeting for signals regarding future policy directions. The path of interest rates remains a key factor influencing risky assets, given its impact on liquidity and investor risk appetite.

Data from West Texas Intermediate (WTI) crude oil indicates a drop in oil prices to $75 on Wednesday, down from around $85 on Sunday. Following the signing ceremony, the US and Iran will take steps to reopen the Strait of Hormuz and lift sanctions on Iranian ports.

Iranian Foreign Minister announced on Tuesday that the next round of negotiations will begin on Friday, with talks expected to last 60 days to reach a final agreement covering nuclear issues and sanctions removal.

Meanwhile, G7 leaders issued a joint statement on Wednesday, reaffirming their commitment to diversify energy supply sources and reduce dependence on the Strait of Hormuz. The war in the Middle East has caused a sharp rise in oil and gas prices, as supply disruptions have exacerbated market volatility.

Investors remain cautious ahead of the Federal Open Market Committee meeting and the signing of the US-Iran memorandum of understanding. Slight inflows were recorded into spot Bitcoin ETF funds, totaling $10 million on Tuesday. This is a notable increase from the $64 million in outflows observed on Monday.

Bitcoin ETF inflows | Source: SoSoValue
Spot Ethereum ETFs continued their upward trend for the second day in a row, with modest inflows of about $10 million on Tuesday and about $23 million on Monday. Total inflows reached $11.22 billion, slightly up from $11.21 billion in the same period. The average total assets under management stand at $9.89 billion, according to SoSoValue data.

Ethereum ETF inflows | Source: SoSoValue
Institutions maintained their interest in XRP, with total inflows into spot ETFs around $5 million on Tuesday, up from $2.82 million on Monday and $2.04 million on Friday. Cumulative inflows remained at $1.44 billion, with net assets under management just above $1 billion.

XRP ETF inflows | Source: SoSoValue
Despite outflows, Simon Peter Masapni, Head of Business Development at x, stated that "institutional participation remains significantly higher than in previous cryptocurrency $BTC market cycles."