📉 24-Hour Market Recap: Crypto Pulls Back Despite Easing Inflation & Rate Cuts
Inflation cooled and rates were cut, yet risk assets still faced selling pressure. $BTC slipped roughly 2% to around $88,100, as traders locked in profits after the recent rally, with added caution around potential ETF-related liquidation if the move extends.
$ETH followed the broader market lower, dropping more than 2% to about $2,940 as weakness spread across major assets. Sessions like this are a reminder that favorable macro data doesn’t always drive price — positioning and a sudden risk-off shift can quickly override the headlines.
