Crypto Market Suffers $3.35T Loss After Fed Announcement

The crypto market just experienced a massive crash, with total losses reaching $3.35 trillion! 😱 Following the Fed’s hawkish announcement, Bitcoin (BTC) dropped below $100,000, even dropping to $97K, while Ethereum (ETH) also plunged to around $3,300 🔻.

This massive sell-off occurred because the FOMC announcement caused panic among investors. Many investors were also said to be bearish, which added to the selling pressure in the market 🔄. Bitcoin’s dominance has now increased to 57.4%, indicating that altcoins are not having a good season right now 🌪️. The Fear and Greed Index has also dropped to 62, indicating bearish sentiment is dominating the market right now.

The impact of the Fed’s announcement has not only moved the crypto market, but also affected other risk assets, with the Nasdaq and S&P 500 also experiencing sharp declines 📉. Many are hoping the market will bounce back, but right now, bearish sentiment is still strong among traders and investors.

Let's see what happens next in the crypto world! 👀

#BTC #bitcoin #CryptoExplorerFiesta #thefed

🚨 $XRP BOMBSHELL: BLACKROCK’S MOVE COULD REDEFINE CRYPTO! IS THIS THE GAME-CHANGER? 🚨

The crypto community is in an uproar, and $XRP finds itself at the heart of this storm. BlackRock, the financial titan, just made a jaw-dropping move, and the ripple effects (pun intended) could reshape the entire industry. Here’s the breakdown:

1️⃣ BLACKROCK’S MONUMENTAL ANNOUNCEMENT


BlackRock, the world's largest asset manager, has unveiled a strategic move that might directly influence XRP and the broader crypto landscape. Known for its ties with The Federal Reserve, BlackRock’s actions are never small—this could be monumental for the crypto space.

2️⃣ WHY THIS MATTERS FOR XRP

Market Confidence: BlackRock’s entry could boost trust and credibility in XRP’s ecosystem.

Institutional Attention: If BlackRock integrates XRP into its strategies, we might witness a surge in institutional investments.

Price Momentum: Is this the spark XRP needs for a massive price rally? It’s looking more likely than ever.

3️⃣ THE FED CONNECTION

BlackRock’s alignment with The Fed adds another layer to the intrigue:

Could this be a sign of deeper crypto integration into traditional finance?

Is XRP carving out its place as a key player in this shifting financial landscape?

YOUR NEXT MOVE

Stay Updated: Keep a close eye on developments involving BlackRock, XRP, and The Fed.

Reevaluate Investments: For XRP holders, this could be a turning point to reassess your strategy.

Brace for Volatility: With great opportunity comes great market movement—be ready to act wisely.

💥 FINAL TAKE

XRP has always been a trailblazer in the crypto space, and this latest development could mark a pivotal moment. BlackRock’s involvement might be the catalyst for XRP to skyrocket into uncharted territory, but the full implications are yet to unfold.

Let’s hear your thoughts! Is this the boost XRP needs, or are we looking at just another hype cycle? Drop your opinions below!

#XRP #CryptoBuzz #CryptoAdoption #TheFed #CryptoGameChanger

🚨 Crypto Market Drops After Fed Cuts Interest Rates! 🚨

The latest news comes from the Federal Reserve (The Fed) which has just lowered its benchmark interest rate by 25 basis points (bps) for the third time. However, this decision has had a negative impact on the crypto market. 🔻

📉 Latest Data:

The overall crypto market is down 5% in the last 24 hours.

Bitcoin (BTC) is down 4%.


Ethereum (ETH) and Solana (SOL) are down 5% and 6%, respectively.

$XRP experienced a sharp decline of 10%.

Dogecoin (DOGE) is down 9% to US$0.363, near its lowest level.
$DOGE

What happened?
The Fed's decision certainly adds to the uncertainty in the market, and many investors are starting to worry about the stability of crypto in the short term.

💬 What Do You Think?
Will this decline continue, or will the crypto market rebound soon? Do you believe in the stability of crypto or are you worried about market fluctuations?

👇 Write your thoughts in the comments column! Don't forget to share and follow to stay updated with the latest information about the crypto world!

#CryptoMarket #TheFed #InterestRate #Cryptocurrency 🔥

💡 Fed Governor Michelle Bowman: Inflation is a Top Priority!

Federal Reserve Governor Michelle Bowman recently reiterated that inflation is a key focus of US monetary policy. She cautioned that while interest rates may need to be lowered, the process should be careful and gradual. Lowering them too quickly could trigger inflation to spike again. 📉💰

Bowman highlighted that the inflation rate is still above the 2% target, indicating that despite the decline, the threat of inflation remains. This adds to the challenge for the Fed in finding a balance between economic stability and controlling inflation. 🏦

Negative Comments:
❌ "The Fed's cautious approach is actually slowing economic growth and could exacerbate market uncertainty, including crypto."
❌ "Continuous interest rate hikes and tight inflation controls could make investors hesitant, especially in riskier assets like crypto."
❌ "Monetary policy that is too conservative could actually lead to stagnation in financial markets and slow crypto adoption."

💬 What do you think about the Fed's policy?

➡️ Will this cautious approach manage inflation without hurting the crypto market?
➡️ Or do you see this as a drag on the growth of the digital economy?

#TheFed #InflationPolicy #FederalReserve

$BTC
$ETH
$XRP

Breaking #BTC

Jerome Powell says “The time has come for policy to adjust.”

When is the right time to get back into crypto?
From my predictions, now is the right time to enter, we can see. Maybe the BTC price will touch above 65K in October, with the encouragement of news that is starting to become friendly.

What is certain is that if the Fed cuts interest rates, the prediction is most likely 0.75%.
$BTC
Try to imagine what BTC will probably touch. After cutting interest rates, will there be a correction first? Hopefully we can all get a great opportunity this time, I hope this information can be a consideration for you when investing. Always remember dyor

#news_update #thefed #Binance #Write2Earn!

$BTC
$ETH
$SOL

UNRATE in their expectation could rise to 4.4%.

This means it is close to the NAIRU limit of 4.5%.

Then, they changed the target rate by the end of 2024 to the range of 4.4%.

That means there will be 2 more rate cuts, and it looks like each one is at 25bps.

From here it seems that they are quite concerned about the potential for an economic recession and are accelerating the rate cut process so that liquidity can immediately enter the market before an economic recession occurs.
#JeromePowell
#thefed
#TipsTradingFutures

🇺🇸 The market effect of the Federal Reserve's (The Fed) interest rate cut of 50 basis points made a good change to traders 😇

#thefed #PEPE/USDT #bullishmomentum #Binance #SHİB