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Bitcoin loses $100k as markets continue to slide in reaction to Fed’s slower pace for 2025 – TON BOT

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Bitcoin loses $100k as markets continue to slide in reaction to Fed’s slower pace for 2025

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Bitcoin dropped below the $100,000 mark, experiencing a 6.4% decline in the past 24 hours to $97,000. This led to significant liquidations in the crypto derivatives market. Ethereum and Solana also saw losses, with Chainlink and Dogecoin experiencing the worst corrections. The market uncertainty was attributed to Fed Chairman Jerome Powell’s comments on interest rate policy. Additionally, the US Congress faces a potential government shutdown due to disagreements over funding and the national debt ceiling. Bitcoin’s market cap is $1.91 trillion, with a trading volume of $105.71 billion, while the total crypto market cap is $3.3 trillion with a volume of $296.39 billion.

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