Andre!
vip

Bitcoin Drops and Crypto Market Slumps as Federal Reserve Rate Cuts Loom


Bitcoin (BTC) started the week with a 3% drop, trading below $58,400, while the CoinDesk 20 index was down 5%. The decline came after a weekend of trading above $60,000, fueled by positive U.S. data. However, the crypto market slumped as Asian exchanges opened ahead of the Federal Reserve's anticipated rate cuts.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)