$BTC The crypto market is bleeding once again — Bitcoin ($BTC) couldn’t hold above $116K, sliding back below $113K, while Ethereum ($ETH) has fallen under $4K, leaving the charts awash in red. 💔
This downturn starkly contrasts with Wall Street’s upbeat mood, where the S&P 500 just smashed through 6,900 for the first time and the Nasdaq continues its rally, fueled by AI momentum and strong tech earnings. ⚙️💹
All eyes now shift to the Federal Reserve, set to announce its interest rate decision at 18:00 UTC, followed by Chair Powell’s remarks 30 minutes later.According to CME FedWatch, markets are pricing in a 99.4% chance of a 25 bps rate cut — a move that could either reignite risk appetite or amplify volatility across crypto. ⚡Stay alert — tonight’s Fed decision could be the turning point the market’s been waiting for. ⏳💥
