
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

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