Bitcoin fell sharply on Tuesday as investors grew cautious ahead of two major events that could affect the crypto market. The world's largest cryptocurrency dropped about 3% during the day. The first major concern is the Federal Reserve's interest-rate decision due Wednesday. Investors are increasingly expecting the Fed to raise interest rates, which can put pressure on riskier assets such as cryptocurrencies . Bitcoin falls as Fed rate hike fears and uncertainty over the CLARITY Act vote weigh on crypto markets, reversing some of Bitcoin's recent gains.
