Crypto Market Sees Volatility as BTC Falls Below $100K After Fed Rate Cut

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Citing @CoinGapeMedia, the cryptocurrency market experienced significant volatility following the Federal Reserve's decision to cut interest rates by 25 basis points. Bitcoin (BTC) fell below the $100,000 mark, triggering widespread sell-offs. Ethereum (ETH) saw a 5% decline, while XRP dropped by 10%. Additionally, meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) faced steep declines. In contrast, USUAL emerged as the top gainer, rising by 23%. This market turbulence highlights the sensitivity of cryptocurrencies to macroeconomic changes.

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