🚀 Crypto rollercoaster alert! As Bitcoin flirted with the $93K mark, a market-wide dip followed, with major tokens like ETH, SOL, ADA, XRP, and BNB dropping up to 16%, and DOGE nosediving over 27%! 📉
The crypto market cap took an 11% hit in just 24 hours, marking one of the year's steepest declines. Traders point fingers at the FOMC's hawkish tone, which dashed hopes for more aggressive rate cuts in 2024.
But fear not! Experts like BTSE's Jeff Mei foresee brighter days ahead, with global monetary policies set to boost liquidity and Bitcoin's status as a safe haven. What are your thoughts on this market shake-up? Share below! 💬