Crypto crash: Why are Bitcoin and altcoins like Ethereum, XRP, Cardano, HYPE going down?

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By Invezz Markets

6 months ago

Article Summary

crypto [https://invezz.com/wp-content/uploads/2025/08/image17-1.png] A crypto crash is happening, with Bitcoin plunging below $115,000, and most altcoins like Ethereum (ETH), XRP, Cardano (ADA), and Hyperliquid (HYPE) going down by over 4%. This article explores some of the top reasons why the crypto market is going down today. CRYPTO CRASH IS HAPPENING AS INVESTORS SELL THE NEWS One reason for the ongoing crypto crash is that investors are selling the Federal Reserve interest rate cut news. The Federal Reserve decided to slash interest rates by 0.25% in the last meeting on Wednesday, with officials hinting that more cuts will be coming in the next meeting. Stephen Miran, the newest Fed official who was appointed by Donald Trump, voted to cut interest rates by 0.50% in this meeting, a move that likely caught the attention of the president, who may appoint him as the Federal Reserve chair. Federal Reserve interest rate cuts are bullish for risky assets like cryptocurrencies, which explains why most of them rose before and after the Federal Reserve slashed interest rates on Wednesday. Now, however, investors are selling the news…

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Published:September 22, 2025 at 12:02 AM

Source:Invezz Markets

Category:News

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