Crypto Markets Slip For Third Day Amid Geopolitical Tensions and Fed Uncertainty
Bitcoin slides below $109,000 as investors react to trade frictions, developments in Venezuela, and expectations of an upcoming Fed rate cut.
The cryptocurrency market fell on Thursday, extending losses for a third consecutive day as investors remained cautious amid escalating geopolitical tensions and speculation over a Federal Reserve rate cut later this month.
Bitcoin (BTC) is changing hands at $108,500, down 2% on the day, while Ethereum (ETH) trades around $3,903, also down 2% in the same period.
Other major tokens are also in the red: BNB slipped 3.4% to $1,132, Solana (SOL) dropped 5.3% to $187, and XRP fell 3.4% to $2.36.
The day’s biggest losers included Zcash (ZEC), down nearly 14% to $217; ASTER, which dropped 10% to $1.24;…
