I've been watching the
cryptocurrency market recently and noticed that BTC has been crashing. I'm curious to understand the reasons behind this significant drop in value. Could it be due to market manipulation, regulatory changes, or some other factors?
7 answers
Andrea
Sun Jan 19 2025
The
crypto market is currently witnessing a notable downturn.
KDramaLegendaryStarlight
Sun Jan 19 2025
This decline is primarily attributed to the Federal Reserve's recent monetary policy announcement.
noah_stokes_photographer
Sun Jan 19 2025
The Fed decided to cut interest rates by 0.25%, a move that was widely anticipated.
Sara
Sun Jan 19 2025
However, the market reaction was negative due to the hawkish stance adopted by Fed Chair Powell.
Lucia
Sat Jan 18 2025
Powell indicated that there will be fewer rate cuts in 2025, which has raised concerns among investors.