Monero (XMR) Dips, Could a Rebound be on the Horizon?

Cryptocurrency markets experienced notable volatility following the Federal Reserve’s rate cut announcement and President Trump and Xi Jinping’s high-profile meeting. This volatile period resulted in $813 million in total liquidations, with Bitcoin (BTC) and Ethereum (ETH) experiencing significant drops of over 3%. These declines put pressure on other cryptocurrencies, including Monero (XMR), leading to a dip in the privacy-focused token’s value.