Ether's price drop is driven by weak reactions to new crypto ETFs in Hong Kong and an anticipated hawkish tilt from the Federal Reserve.Today, the cryptocurrency market is experiencing a downturn as traders evaluate how the Depository Trust Company's decision to exclude Bitcoin ETFs from collateral recognition will affect price.Dogecoin's price has pulled back as the broader cryptocurrency market adjusts to disappointing U.S.
dollar and the euro.XRP price is falling with the wider crypto market, led by diminishing hopes for three rate cuts in 2024 and persistent whale distribution.Today's Litecoin price surge comes after a significant influx of LTC supply into circulation and a rising hash rate ahead of Bitcoin's halving event.DOGE's bullish fractal also gains support from expectations of interest rate cuts, the upcoming Bitcoin halving, and Elon Musk's influence.
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