![The Crypto Market’s Rollercoaster: Why Prices Plummeted Overnight The Crypto Market’s Rollercoaster: Why Prices Plummeted Overnight](https://dk1250.com/wp-content/uploads/2025/02/compressed_img-N6xJLenFtG9UYghKotrq2JZS-1024x585.png)
The Crypto Market’s Rollercoaster: Why Prices Plummeted Overnight
The cryptocurrency market experienced a significant decline following Federal Reserve Chair Jerome Powell’s testimony. Bitcoin, Ethereum, XRP, and Dogecoin saw substantial losses as a result. Powell emphasized the Fed’s firm stance on maintaining its current economic policy, with rate cuts considered unlikely