Crypto Plunge Follows Trump Assassination Attempt

Cryptocurrencies like Bitcoin and Ethereum have taken a hit in the wake of another reported assassination attempt on former US President Donald Trump. This geopolitical instability has unnerved investors and contributed to the downturn in coin prices.

Interest Rate Hike Looms Over Crypto Market

Traders are also closely watching the upcoming interest rate decision from the Federal Reserve. The prospect of higher interest rates typically puts pressure on riskier assets like cryptocurrencies, adding to the bearish sentiment in the market.

Coin Prices Reflect Broader Volatility

The price declines seen in Bitcoin, Ethereum, BNB, Solana and other major cryptocurrencies reflect the broader volatility gripping the crypto markets at the moment. Investors remain cautious as they navigate these turbulent times.

Source: https://decrypt.co/249582/bitcoin-ethereum-sink-after-another-trump-assassination-attempt-and-ahead-of-interest-rate-decision

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