#PCEMarketWatch The fall of the cryptocurrency market today is mainly due to a combination of geopolitical and market-specific factors. Some of the key points are .8

- *Federal Reserve Decision*: The expectation of an interest rate cut by the Fed has generated uncertainty in the market. According to the FedWatch Tool from CME Group, there is a 95.4% probability of a 0.25% rate cut.

- *Mass Liquidations*: More than $2.2 billion in long and short positions in the derivatives market have been liquidated, increasing pressure on prices.

- *Risk Aversion Sentiment*: Weakness in tech stocks and the strengthening of the Japanese yen have generated a risk aversion sentiment among investors.

- *Geopolitical Tensions*: The announcement of a 25% tariff on Canada and Mexico by the U.S. president has reignited fears of a trade war.

- *Technical Indicators*: The bearish divergence between price and the relative strength index (RSI) suggests a possible reversal in the upward trend.

Some of the effects on the market include:

- *Bitcoin Drop*: The price of Bitcoin fell by up to 5% and was positioned at $103,173, triggering panic selling among investors.

- *Losses in Altcoins*: Solana, Dogecoin, and XRP experienced significant losses, with drops of 14%, 8%, and 8%, respectively.

- *Market Capitalization*: The total cryptocurrency market capitalization fell by around 3% to $3.65 trillion and at other times by up to 8% to approximately $3.09 trillion.

It is important to note that the cryptocurrency market is highly volatile and can change rapidly. Investors should be prepared for potential fluctuations and adjust their strategies as necessary.