tldr; The crypto market lost $150 billion in value in a single day, dropping from $3.89 trillion to $3.74 trillion, following the Federal Reserve’s decision to keep interest rates unchanged at 4.25–4.5%. Bitcoin fell to $114,400, its lowest in three weeks, while Ethereum dropped 4.94%. Altcoins like XRP and SPX also saw significant declines. The market reaction reflects concerns over inflation and trade issues, with traders predicting limited rate cuts by 2025.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
BrowsingCoins on
Jobs report hitting hard
[deleted] on
[deleted]
Next_Statement6145 on
crypto president sir ?
partymsl on
A few more years of tariffs until markets finally become immune.
jeremiahcp on
I believe the golden era of crypto will begin once Trump is out of office; his presence adds a lot of uncertainty to the market. My view is to buy as much as possible during his term, because if we regain stability in the White House after he leaves (if he leaves), the crypto market could really take off.
Old_Rafa on
Waiting for the chickening out
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tldr; The crypto market lost $150 billion in value in a single day, dropping from $3.89 trillion to $3.74 trillion, following the Federal Reserve’s decision to keep interest rates unchanged at 4.25–4.5%. Bitcoin fell to $114,400, its lowest in three weeks, while Ethereum dropped 4.94%. Altcoins like XRP and SPX also saw significant declines. The market reaction reflects concerns over inflation and trade issues, with traders predicting limited rate cuts by 2025.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Jobs report hitting hard
[deleted]
crypto president sir ?
A few more years of tariffs until markets finally become immune.
I believe the golden era of crypto will begin once Trump is out of office; his presence adds a lot of uncertainty to the market. My view is to buy as much as possible during his term, because if we regain stability in the White House after he leaves (if he leaves), the crypto market could really take off.
Waiting for the chickening out