The US Federal Reserve's decision to cut interest rates has caused volatility in the crypto market. Bitcoin fell from its peak of $108,000 to below $99,000. 😮 Altcoins were hit harder; XRP, AVAX, DOGE and others suffered double-digit losses.

Jerome Powell's statements indicated that interest rate cuts could stop next year, creating uncertainty in the market. The total value of the crypto market has fallen below $3.6 trillion. 📉