**Crypto Market Update: Bitcoin Struggles, Rate Cut Uncertainty**
Bitcoin (BTC) has dipped below the crucial $60,000 mark, reflecting investor nervousness amid uncertainty over the Federal Reserve's upcoming rate cut on Sept. 18. While some analysts see potential bullish outcomes for crypto, others warn that aggressive cuts might signal deeper economic issues.
**Key Points:**
- **Bitcoin:** Struggling below $60,000, could retest $55,724 support.
- **S&P 500:** Near all-time high, but faces resistance at 5,670.
- **US Dollar Index:** In a downtrend, key support at 100.50.
- **Ether (ETH):** Bears dominate, critical support at $2,300.
- **BNB:** Trading range between $460 and $635.
- **Solana (SOL):** Bears eye $116 support.
- **XRP:** Balancing between $0.41 and $0.64.
- **Dogecoin (DOGE):** Struggling to break above downtrend line.
- **Toncoin (TON):** Bulls need to defend $5.44.
- **Cardano (ADA):** Forming bearish pattern, key support at $0.31.
Stay tuned for more updates as the market reacts to the Fed's decision.