Crypto Market Faces Correction: Expert Predicts 15-20% Drop for XRP, SOL, DOGE
Crypto market liquidations hit $240M as Fed rate cut approaches, with $176M from long positions.Bitcoin dominance could rise back to 60% as altcoins face 15-20% correction.XRP, SOL, DOGE lead the correction as Fed rate cut sparks “sell-the-news” event.Analysts predict Bitcoin to fall 5-8%, while altcoins face sharper declines in coming days.As the crypto market gears up for the Federal Reserve’s rate cut this week, experts are predicting a potential 15-20% correction for popular altcoins like XRP, SOL, and DOGE. The anticipated rate cut has sparked a “sell-the-news” event, contributing to increased market volatility. Analysts are warning of a significant drop, especially for altcoins, as the overall market liquidations have surged to $240 million.Crypto Market Faces Pressure Ahead of Fed Rate CutThe crypto market is currently experiencing a wave of selling pressure. This follows last week’s...
