The crypto market experienced a significant downturn, with over $850 million in liquidations following the Federal Reserve's announcement of a 25 basis point rate cut. Federal Reserve Chair Jerome Powell's cautious outlook on future rate adjustments sparked market uncertainty, leading to widespread sell-offs. Bitcoin dropped below $99,000, an 8% decline from its all-time high, and the broader crypto market, including Ethereum, also suffered losses. Coinglass reported $869.39 million in liquidations, with long positions accounting for $749.59 million and shorts for $119.80 million. Altcoins were significantly impacted, with over $222 million liquidated. Despite these setbacks, the crypto fear and greed index remains at 75, indicating strong bullish sentiment. Bitcoin-related investment vehicles saw notable inflows, with the iShares Bitcoin Trust by BlackRock recording $359.6 million in new investments. The recent market activity underscores the influence of U.S. monetary policy on the crypto sector and the resilience of investor sentiment. #Crypto #Bitcoin #FederalReserve #MarketVolatility #Liquidations #Investment #Ethereum #MonetaryPolicy

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