The crypto market faced a significant downturn following the Federal Reserve’s recent meeting, where a 25-basis-point rate cut was announced alongside a reduction in expected cuts for 2025. Bitcoin dropped over 5% below $100,000, exacerbated by $600 million in liquidated leveraged positions, while altcoins also saw steep declines. Despite the correction, experts maintain a positive long-term outlook for crypto, citing ongoing institutional adoption and favorable technical indicators.
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0 posts last weekBest Cryptocurrency Picks for Today: Ethereum Classic, Tron, Kaspa, and More
Bitcoin is facing a bearish bias, with analysts predicting a potential challenge of $100,000. Ethereum Classic, Tron, and Kaspa are gaining investor interest as potential high-return altcoins. Additionally, high-risk investors are considering crypto presales for potential 100x returns, with Cryptonews.com compiling a list of the best crypto presales for those interested.
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