Cryptocurrency prices fell sharply after the latest Federal Open Market Committee (FOMC) minutes signaled a hawkish stance on inflation and interest rates. Policymakers indicated rate cuts are unlikely in the near term, pressuring risk assets. Bitcoin dropped below key support levels, while Ethereum, XRP and other altcoins also faced selling pressure. Analysts warn that continued tight monetary policy could keep crypto markets volatile in the short term, though some investors see potential buying opportunities if macroeconomic conditions stabilize.