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CoinGape

Cryptocurrency Market Today Dec 19: BTC Falls Below $100K, Altcoins Crash After Fed Rate Cut

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Summary
Nutrition label

71% Informative

Bitcoin (BTC) fell below $100,000 mark after Fed announced 25 Bps rate cut, triggering market sell-offs.

USUAL emerges as top gainer, up 23% , while meme coins like DOGE and SHIB see major declines.

Overall market capitalization fell by 5% to $3.44 trillion , but trading volumes spiked by 40% , indicating active market participation.

In related news, BOB advanced its mission to position Bitcoin at the forefront of decentralized finance.

USUAL emerged as the top gainer in the last 24 hours , outperforming many other cryptocurrencies in the market today .

Movement Movement (MOVE) price was trading at $ 0.70 , reflecting a 14% increase in the past 24 hours .

Meme coins have crashed hard following Bitcoin ’s fall below the $ 100 K mark.

VR Score

58

Informative language

50

Neutral language

39

Article tone

formal

Language

English

Language complexity

34

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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