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Crypto Market Tumbles After Fed Signals Rate-Cut Caution

The cryptocurrency market tumbled on Thursday after the Federal Reserve lowered interest rates on Wednesday but expressed caution about further cuts next year. Bitcoin (BTC) fell 4.3% in the past 24 hours, trading at around $99,700, down from its all-time high of $108,000 on Wednesday. Ethereum (ETH) declined 7.3% to $3,579. XRP dropped 6.8% to $2.31, and Solana decreased by 5.4%, now priced at $204. The overall cryptocurrency market cap fell 5.6% to $3.64 trillion, according to CoinGecko , reflecting broad market weakness. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io U.Today

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CoinDesk 20 Performance Update: AVAX Declines 3.7% as Index Trades Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index . The CoinDesk 20 is currently trading at 3644.43, down 0.3% (-9.33) since 4 pm ET on Wednesday. Four of 20 assets are trading higher. Leaders: HBAR (+3.1%) and APT (+2.9%). Laggards: AVAX (-3.7%) and ICP (-3.7%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. U.Today