Fed Pauses, Traders Panic 😨💸
📉 What’s Moving the Market?
Geopolitical tensions especially between Israel and Iran are keeping investors cautious. Bitcoin slipped below $103K, and Ethereum fell about 3%, as risk-off sentiment spread across markets .
The Federal Reserve “hawkish pause” holding interest rates steady coupled with inflation concerns, is weighing on crypto. Investors are shifting toward safer assets like bonds and gold .
Ethereum saw increased selling pressure, with 72K ETH moving onto exchanges a sign traders may be taking profits amid uncertainty .
Key Price Levels
Bitcoin is trading around $103–104K, hovering near resistance at ~$108K from early June .
Ethereum sits near $2,425, below its recent support zone (~$2,500), holding above critical $2,400 area .
Bottom line:
Today dip roughly 1–3% reflects rising geopolitical fears, a cautious Fed, and profit-taking by traders. Expect some volatile swings until macro tensions ease.
Stay sharp and stay informed