Ethereum Price Plummets After Fed Announcement: Is November Crash On the Horizon?

The Federal Reserve just delivered its second consecutive interest rate cut, lowering the benchmark rate to a 3.75–4% range. This move was expected but investors were hoping for clearer signals of easing policies. Instead, the market’s response suggests uncertainty surrounding this new policy environment. Ethereum (ETH) price fell over 5%, signaling traders aren’t convinced this cut is a clear bullish signal. Let’s break down why.