Crypto Markets Slide Following Fed Rate Cut, $1.5B Liquidated – 22/9/2025
Cryptocurrency markets weakened sharply Monday as Bitcoin (BTC), Ether (ETH), and other major tokens fell, triggering approximately $1.5 billion in liquidations of leveraged positions.
The sell-off came despite a dovish interest-rate cut by the Federal Reserve, which had been expected to weaken the dollar and encourage risk-taking in crypto markets.
“Recent technical signals point to a downward trend in Bitcoin,” said Alex Kuptsikevich, chief market analyst at FxPro. “BTCUSD broke the upward channel in place since early September, fell below horizontal support, and dropped beneath the 50-day moving average.
“These combined negative signals suggest further declines are likely unless market sentiment changes significantly.”
