Bitcoin and crypto markets have been on a tear following the Fed’s decision to slow down interest rate cuts. BTC has plunged below $97,000, creating widespread selling pressure. According to CoinGlass, $1.4 billion worth of liquidations were made, with the biggest loss being a $15.8 million ETH position on Binance. Altcoins were also hit hard. The market fell from $4 trillion to $3.4 trillion. 📉