The crypto market is experiencing a period of turbulence and uncertainty. Bitcoin<\/a> fell to $107,900 this Thursday morning, marking a 2.7%<\/strong> decline over the past 24 hours. Ethereum<\/a> follows the same trajectory with an identical retreat to $3,880<\/strong>, while XRP loses 1.3% to settle at $2.58<\/strong>. The total market capitalization of cryptocurrencies now stands at $3.83 trillion, down 1.1%<\/strong>.<\/p>\n\n\n\n This correction follows the Federal Reserve’s decision to cut its benchmark interest rates by 25 basis points<\/strong>, bringing them to a range of 3.75%<\/strong> to 4%<\/strong>. While this reduction was widely anticipated by markets<\/strong>, the tone used by Jerome Powell has dampened traders’ enthusiasm<\/strong>. The Fed Chair clearly indicated that policymakers would remain cautious before considering further rate cuts this year.<\/p>\n\n\n\nWhy Didn’t Bitcoin Rally After the Rate Cut?<\/h2>\n\n\n\n