The crypto market is seeing a sharp decline today, with Bitcoin ($BTC BTC) falling below the $100,000 mark following the US Federal Reserve’s decision to cut interest rates by 25 basis points ¹. BTC is down 3% in the last 24 hours, trading at $100,880, with an intraday low of $98,874 and a high of $105,389 ¹.

In addition, other cryptocurrencies also saw significant declines, with Ethereum ($ETH ETH) down 6% to $3,652, and $XRP XRP down 10% to $2.32 ¹. Meanwhile, meme cryptocurrencies such as Dogecoin (DOGE) and Shiba Inu ($SHIB) fell 7% and 6%, respectively ¹.

It is important to note that the cryptocurrency market is highly volatile and subject to rapid change, so it is essential to stay up to date with the latest news and market trends.