【Cryptocurrency Market】

【GM☀—Wednesday—10.26】

#二级 The cryptocurrency market is down, with a total market value of approximately $3.09 trillion, down 1.41% in 24 hours.

Bitcoin (BTC) is approximately $87,240, down 1.72%; Ethereum (ETH) is approximately $2,893, down 2.22%. Major coins are down, with moderate trading volume.

Why the sudden drop: Uncertainty in Federal Reserve policy has lowered interest rate cut expectations, triggering risk aversion and “sell the news” selling; leveraged liquidations and institutional ETF outflows have intensified panic, wiping out hundreds of billions in market value.

$ETH

ETH
ETHUSDT
3,141.99
+0.67%