Investors Respond to Declines in Bitcoin and Gold Prices

Just moments ago, Bitcoin experienced a drop, dipping below the $69,000 mark. The likelihood of a Federal Reserve interest rate reduction before December is now uncertain. Approximately half of the traders are now anticipating a rate cut in September. If significant outflows are observed in the ETF market after the closing bell, this may lead to negative price movements for alternative cryptocurrencies over the weekend. Earlier today, we highlighted the potential risk of BNB Coin falling from $700 to $635. It has already declined to $670.