What’s Behind the Current Crypto Crash? Don’t Lose Hope!

The ongoing cryptocurrency crash can largely be attributed to recent monetary policy updates from the Federal Reserve. Despite a 0.25% interest rate cut, Fed Chair Jerome Powell’s cautious tone and hints at fewer rate cuts in 2025 have shaken investor confidence.

As a result, major cryptocurrencies have experienced sharp declines, with Bitcoin falling below $94,000 and Ethereum slipping to approximately $3,350. The total crypto market capitalization has dropped to $3.3 trillion, its lowest in nearly a month.

Key Factors Driving the Crash:

1. **Tightening Global Liqu