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Cryptocurrencies drop ahead of Fed's rate cut decision, with Bitcoin falling below $115,000.
Cryptocurrencies like Bitcoin and Ethereum saw a decline ahead of the Federal Reserve's rate cut decision, with Bitcoin falling below $115,000 and Ethereum trading between $4,580 to $4,680.
Ethereum's trading volume dropped by 16%, and over $277 million was liquidated from the market, including $195 million in bullish bets.
Despite these short-term dips, Bitcoin and Ethereum were up 6.2% and 4.95% in September, respectively.
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Las criptomonedas caen antes de la decisión de recorte de tasas de la Fed, con Bitcoin cayendo por debajo de los $ 115,000.