The post Coins are Falling while Dawgz AI is Still Rocking appeared on BitcoinEthereumNews.com.

While the crypto market is down right now, mainly because the Federal Reserve’s recent moves on interest rates are making investors nervous, Dawgz AI is going against the grain. The Fed’s decision to cut rates less than expected has led to some uncertainty, causing a sell-off in riskier assets. Even Bitcoin price briefly dipped below $100,000. But Dawgz AI is holding steady, thanks to its cool and innovative assets. It’s proving to be a solid choice, even when the rest of the market is struggling with inflation. The Crypto Market Downtrend The Crypto market down is happening at the moment, largely due to the Federal Reserve’s cautious approach to future interest rate cuts. While the Fed made its third consecutive rate cut, it hinted at fewer cuts for 2025, which caused uncertainty among investors and led to a sell-off in riskier assets. Bitcoin price dropped below $100,000, and over $661 million in leveraged positions were liquidated. Despite the current slump, analysts remain optimistic, with Bitcoin’s long-term price predicted to range between $180,000 and $250,000 by the end of 2025. Overview of the Current Crypto Market Cap Situation As of December 20, 2024, the global crypto market crash happened, with the total market capitalization falling 4.31% to $3.36 trillion. Trading volume also dropped by 1.40%, bringing it down to $266.13 billion. This slowdown suggests a pause in market momentum, as market participants take a more cautious approach in the current environment. But, why did this happen? Key Factors Behind the Cryptocurrency Market Capitalization Decline Although many expected Trump’s new administration to be pro-crypto and position America as the global leader in cryptocurrency, it seems that might not be the case – let’s explore what’s really happening. The recent crypto market down stems mainly from the Federal Reserve’s cautious approach to future…

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Filed under: News - @ December 20, 2024 11:10 pm