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$ETH Why is Crypto Down Today? Federal Reserve & U.S. Treasury Decisions Loom Over Crypto MarketBitcoin's price crash below $60,000 has triggered a market-wide downturn, with a combination of factors, including stalled ETF inflows, geopolitical tensions, and anticipated decisions from the Federal Reserve and U.S. Treasury, contributing to the bearish sentiment. The cryptocurrency market has experienced a significant downturn, with Bitcoin leading the charge as its price fell below the crucial $60,000 support level. The sudden crash, which has seen the world’s largest cryptocurrency hit a 2-month low, has sent shockwaves through the market, causing major altcoins such as Ethereum and XRP to follow suit. The total cryptocurrency market cap has shed approximately $500 billion since its recent peak of $2.9 trillion.

$ETH

Why is Crypto Down Today? Federal Reserve & U.S. Treasury Decisions Loom Over Crypto MarketBitcoin's price crash below $60,000 has triggered a market-wide downturn, with a combination of factors, including stalled ETF inflows, geopolitical tensions, and anticipated decisions from the Federal Reserve and U.S. Treasury, contributing to the bearish sentiment.

The cryptocurrency market has experienced a significant downturn, with Bitcoin leading the charge as its price fell below the crucial $60,000 support level.

The sudden crash, which has seen the world’s largest cryptocurrency hit a 2-month low, has sent shockwaves through the market, causing major altcoins such as Ethereum and XRP to follow suit. The total cryptocurrency market cap has shed approximately $500 billion since its recent peak of $2.9 trillion.

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