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Cryptoknowmics 2024-12-30 11:50:34

Cryptocurrency Market Drops $300B Amid Fed’s Hawkish Policies

The cryptocurrency market experienced a dramatic $300 billion loss in total market capitalization, driven by the Federal Reserve’s recent 25 basis-point rate cut and its hawkish tone for future policies. Fed Chair Jerome Powell hinted at slower rate cuts next year, triggering a sell-off across risk assets, including cryptocurrencies. Bitcoin dropped below the $100,000 mark … Continue reading "Cryptocurrency Market Drops $300B Amid Fed’s Hawkish Policies" The post Cryptocurrency Market Drops $300B Amid Fed’s Hawkish Policies appeared first on Cryptoknowmics-Crypto News and Media Platform .

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