#MarketPullback

The cryptocurrency market has been experiencing significant volatility lately. After Bitcoin’s sharp drop yesterday, where it fell by more than 10% to below $100,000, the decline continued for the second day in a row.

Other cryptocurrencies were affected by the decline; Ethereum fell by 10% to $3,473.09, and Ripple by 13% to $2.2837. This decline was attributed to the US Federal Reserve’s announcement of a 25 basis point interest rate cut, which negatively affected investor sentiment.

Despite these declines, some cryptocurrencies have seen gains. For example, Ethena (ENA) has risen by 10% in the past 24 hours to $1.2, defying the broader market declines.

Amid these fluctuations, Bitcoin's market cap has reached around $1.95 trillion, with a daily trading volume of $91.73 billion$BTC $BNB $ETH