🔔The market turns red amid expected correction
General decline in the market: 92 out of 100 of the most popular currencies show losses over 24 hours, with a drop in total market capitalization to about $3.96 trillion.
Bitcoin and Ethereum shrink by less than 1%, with BTC priced at about $115,118 and ETH around $4,237.
The anticipated leadership from the Federal Reserve could lead to a rapid correction in the market if the tone of its chairman Jerome Powell is more hawkish.
Widespread profit-taking has led to liquidations of hundreds of millions of dollars.
