Broader crypto market under pressure as macro tailwinds fade

Ethereum, XRP and Solana are all down 1%–2% today, echoing recent CoinDesk data showing a 5.7% weekend drop in BTC and a roughly 7% slide in the CoinDesk 20 Index as hawkish signals from the Bank of Japan and a more cautious global rate-cut outlook sap risk appetite (CoinDesk, Bloomberg). The Fed’s ‘hawkish cut’ and fading expectations for aggressive easing into 2026 are curbing the monetary-policy tailwind that powered crypto earlier in the year, keeping traders defensive into a data-heavy week with U.S. jobs, CPI and retail sales on deck (Sources: DailyForex, Yahoo Finance).