Why Crypto Market Is Down Today: How Will Fed Shape Crypto Path?

Meme coin trading volumes have plunged from $35 billion to under $18 billion in just a month, signaling fading enthusiasm in the crypto market.

Arthur Hayes warns of significant crypto turbulence on January 20, Trump’s inauguration day, and plans to reduce risk with his Maelstrom fund.

Bitcoin falls 2.50% and Ethereum 4.50% as the Federal Reserve's rate decision approaches. Global crypto market cap dips by 4.80%.

The Fear and Greed Index stays at "extreme greed" with a reading of 81, indicating overbought conditions and raising potential market risks.

Jerome Powell may announce a 25 bps rate cut, but concerns linger over hawkish tones, signaling slower monetary easing in 2025.

Major global events like GDP data and unemployment claims after the Fed decision may drive crypto volatility and possible sell-offs.

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