The cryptocurrency market has experienced a recent surge in prices, as reported by BlockBeats and CoinMarketCap. However, official exchange data paints a different picture. This discrepancy has sparked debate among experts. Blockchain tracker BlockBeats claims to have reported substantial price rises in Bitcoin (above $114,000) and Ethereum (over $4,400), leading to market cap figures exceeding $4 trillion. In contrast, reputable exchanges like HTX show more modest price levels for both currencies. The crypto community remains wary of these rapid fluctuations, with many experts pointing to macroeconomic factors as potential drivers. Chris Burniske, Partner at Placeholder VC, highlighted the volatility that might occur due to upcoming Federal Reserve rate cuts. He suggests that cryptocurrency may initially follow the trends of gold but could face further challenges if risk factors intensify during the fourth quarter. The market’s reaction to the Fed’s potential rate cut next week is a topic of much anticipation, with market sentiment currently cautious, particularly amidst these price discrepancies. Official data indicates Bitcoin at $112,000 and Ethereum hovering just above $4,400 on platforms like CoinMarketCap, highlighting the need for caution in interpreting price reports, especially when they show sudden changes.