Today's Focus!

1. Federal Reserve Cuts Interest Rates, Cryptocurrency Market Reacts with Volatility

After the Federal Reserve cut interest rates by 25 basis points, the market fluctuated violently.

Bitcoin fell below $100,000, and altcoins generally saw significant corrections.

Impact: After the rate cut, the hawkish stance and expectations for fewer future rate cuts have increased market risk aversion, putting pressure on both traditional and cryptocurrency markets.

2. Bitcoin Falls Below $100,000, Testing Key Support Levels

BTC price has dropped to about $99,000, its lowest point in weeks.

Impact: The market is closely watching key support levels; some analysts believe this is a healthy correction within a long-term upward trend.

3. Altcoin Market Retracts, Investor Confidence Tested

The total market capitalization of altcoins has retreated from recent highs, with some popular projects down by double digits.

Impact: The altcoin market is undergoing a test, with significant divergence among investors; some see it as a correction, while others worry about limited rebound potential.