#加密市场回调 The hawkish interest rate cuts by the Federal Reserve not only impacted the U.S. stock market on that day but also dealt a widespread blow to cryptocurrencies. Bitcoin's price continued to plummet on Friday (20th), not only breaching the 100,000 USD threshold but also falling below 95,000 USD by Friday evening.
As of 18:38 Taipei time, the price of Bitcoin reached 94,726 USD, down 6.95% in 24 hours, while altcoins led by Ethereum saw even heavier declines, with most experiencing double-digit drops. Ethereum fell 12.54%, trading at 3,218 USD, and Dogecoin saw a drop of nearly 20%, falling to 0.2913 USD.