📉 Crypto crashes after FOMC uncertainty

Top Stories

BTC $109,778 (-3.0%) | ETH $3,884 (-3.2%) | SOL $192 (-3.4%)

• The FOMC cuts rates 25 bps, indicates quantitative easing will begin in December, but states that policy is still restrictive

• US and China agree on trade deal

• The Dow Jones hits a new ATH

• Over $825M gets liquidated from the crypto market as the total market cap falls 2%

• Metamask creator Consensys gets set to IPO

• OpenAI to IPO at a $1T valuation

• The Ethereum foundation launches a website focused on supporting institutions

• Mastercard acquires crypto startup Zerohash for $2B

• Fidelity updates their filing for Solana ETF

• TRUMP memecoin team is in talks to acquire Republic crowdfunding platform

• Blockworks closes their news division