CosmicTaco
CosmicTaco

Crypto Markets Tumble Amid Fed's Rate Cut Signals

  • Bitcoin fell below $64,000 after Fed Chair Powell dampened hopes for significant rate cuts.
  • Solana, XRP, and Dogecoin also saw declines amid rising geopolitical tensions.
  • Global crypto market cap dropped 0.91% to $2.25 trillion in the last 24 hours.
  • Bitcoin's market cap fell to $1.263 trillion, with a 67.7% surge in trading volume.
  • Experts suggest minor corrections are expected, with potential growth for Ethereum if it consolidates above $2,700.

Source: The Economic Times, Abp News

Post image
8mo ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across