Fed’s Tightening Policy Fuels Crypto Volatility, Triggering Market Movements

Recent comments from Federal Reserve Governor Milan have sparked volatility in the cryptocurrency market, driving significant liquidations and shifting investor strategies. His remarks on October 7th highlighted declining neutral interest rates, prompting calls for policy adjustments to avoid potential economic risks. These statements directly impacted crypto markets, leading to a substantial $353 million in global liquidation over 24 hours. This volatility was observed across both Bitcoin and Ethereum.