Bitcoin, Ethereum and Other Cryptocurrencies Drop in Price
Major cryptocurrencies fell after the Federal Reserve reduced interest rates by 25 points.
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Cryptocurrency markets had a bad day. Bitcoin dropped 1.01% to $114,547. Ethereum fell 3.09% to $4,351.
XRP went down 2.32% to $2.92. Dogecoin lost 6.95% to $0.25. People sold over $520 million worth of crypto in 24 hours.
The market moved from 'neutral' to 'fear' mood. However, Bitcoin and Ethereum still had good results this quarter. Some experts think there will be a short correction before prices go up again.
Gold reached a new record high price.
Original Article
benzinga.comhttps://www.benzinga.com/crypto/cryptocurrency/25/09/47780636/bitcoin-ethereum-dogecoin-xrp-dive-as-crypto-enters-fear-zone-analyst-says-btc-always-follo