🚨 Breaking News: Ethereum Takes a Dive, and It's Not Pretty! 🚨

In a dramatic twist, Ethereum (ETH) has nosedived 6% in just 24 hours, plummeting from an intraday high of $2,425 to a low of $2,260. This marks the lowest point since January, sending shockwaves through the crypto community. Meanwhile, the broader market slipped by 4.5%, with Bitcoin (BTC) struggling to stay above $58,000. 😱

Adding to the chaos, an assassination attempt on former President Donald Trump at his Florida golf club has stirred the pot. While Trump walked away unharmed, the event has fueled speculation about its impact on the crypto market. Remember July? ETH surged after a similar incident. Coincidence? Maybe. But the market jitters are real. 🤔

As if that wasn't enough, the looming Federal Reserve (FED) rate cut decision on September 18 has traders on edge. Historically, rate cuts have sent crypto prices downward, and ETH is already facing serious resistance below $2,300. 📉

Bitcoin hasn't had it easy either, falling back to $58,000 and dragging major altcoins like Ethereum along for the ride. The ETH/BTC ratio is at its lowest since April 2021, signaling a tough time for ETH holders. 🐋

Adding salt to the wound, Ethereum whales are dumping large amounts of ETH, and even meme coins like Dogecoin and Shiba Inu are struggling. With the market in a risky phase, investors are anxiously awaiting the next big move, whether from the FED or more unexpected news involving Trump. Buckle up, folks! 🚀