Crypto Market Plunges Amidst Political Uncertainty and Rate Cut Expectations

Cryptocurrencies are experiencing a significant downturn today due to a confluence of factors. Global political uncertainty is at the forefront, stemming from a White House meeting scheduled to discuss a potential peace deal between Russia and Ukraine. This meeting has sparked mixed expectations, adding volatility to global markets, including crypto. The potential for a resolution has raised hopes for positive market shifts, but ultimately, uncertainty remains high in the crypto community as traders cautiously await news.