Why Is Crypto Down Today After the Fed’s 25 Bps Rate Cut?
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最新报道：The Fed cut rates by 25 bps to 4%-4.25% and signaled another 50 bps reduction by year-end, but the crypto market cap fell 1% to around $4.1 trillion as Bitcoin dropped to $114,940. The decline was driven by profit-taking after the anticipated move, ongoing quantitative tightening draining liquidity, and fading technical momentum in major cryptocurrencies.
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