📉 The CoinDesk 20 (CD20) index, representing the largest digital assets, has dipped 7% as the Asia trading week kicks off. Bitcoin (BTC) is also down by 5%, with market uncertainty likely due to expectations of a Fed rate cut in September. Major cryptos like Ether (ETH), Solana (SOL), and XRP are all in the red, with $175 million in long liquidations over the last 24 hours. Meanwhile, Citi Research predicts eight Federal Reserve rate cuts from September 2024 through July 2025. What's your take on the current market situation? Share your thoughts in the comments below! 👇