Bitcoin once fell more than 6%, the biggest drop since August 5. As of press time, the transaction price is $59,175, and the Ethereum price is about $2,438.

The plunge in Bitcoin this time is partly due to the market digesting the clear signal sent by Federal Reserve Chairman Powell last week. Powell said that the Federal Reserve is considering lowering the benchmark interest rate from its highest point in more than 20 years. This news once boosted the market for risky assets including Bitcoin. However, as market expectations were gradually digested, Bitcoin's rise began to show fatigue, which eventually led to this sharp drop. #BitcoinDigitalCoin[Super Topic]# #Telegram创始人被捕 #新币挖矿DOGS #美联储何时降息？ #BNBChainMemeCoin #MtGox钱包动态 $BTC