The crypto market is down due to several key factors:
1. Stronger Dollar 💵⬆️: A stronger U.S. dollar is putting pressure on Bitcoin and altcoins like XRP and Shiba Inu.
2. Federal Reserve Decisions 🏦⚖️: Concerns over the Fed's cautious stance on interest rate cuts are adding to market instability.
3. Profit-Taking 💰💸: As the year ends, many investors are cashing out, fueling the decline.
4. Geopolitical Tensions 🌍⚠️: Ongoing global uncertainties are making investors more risk-averse.
With Bitcoin dipping below $93,100 and altcoins following suit, caution is advised as market conditions remain volatile. 📉
#SolvProtocolMegadrop #BinanceAlphaAlert
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