📉 Crypto Market Takes a Hit:
- Bitcoin (BTC) and other major cryptocurrencies have extended losses for the third day, with BTC dropping 4.2% in the last 24 hours.
- Solana (SOL), Ether (ETH), and Cardano (ADA) saw declines of up to 9%, while Dogecoin (DOGE) slid 11%, marking a weekly loss of over 21%.
- The CoinDesk 20 index fell 5.5%, impacting futures markets with $890 million in liquidations.
- A hawkish FOMC meeting triggered a selloff, affecting risk assets like Nasdaq and S&P 500.
- Despite the dip, December is typically bullish for BTC. Will the "Santa Claus Rally" make a comeback? 🤔
Share your thoughts in the comments!