rekt_but_not_broke
The market has exploded again! BTC has dropped below $108,000, and ETH has lost the $4,000 level.
The culprit is the Fed’s latest move—although they cut rates by 25bp to 3.75-4.0% and announced an end to quantitative tightening, officials didn’t hint at further rate cuts in December, leaving the market stunned.
Chain reactions:
- Total market cap evaporated to $3.64 trillion in 24 hours, a 4% drop
- Fear index plunged to 34 (deep fear mode)
- Liquidation amounts surged 130%, exceeding $1.3 billion
- 213,000 traders were liquidated, including $500 million in BTC positions wiped out, and $255 mi
View OriginalThe culprit is the Fed’s latest move—although they cut rates by 25bp to 3.75-4.0% and announced an end to quantitative tightening, officials didn’t hint at further rate cuts in December, leaving the market stunned.
Chain reactions:
- Total market cap evaporated to $3.64 trillion in 24 hours, a 4% drop
- Fear index plunged to 34 (deep fear mode)
- Liquidation amounts surged 130%, exceeding $1.3 billion
- 213,000 traders were liquidated, including $500 million in BTC positions wiped out, and $255 mi

