Leading cryptocurrencies traded flat Sunday ahead of Federal Reserve ChairJerome Powell'sspeech on the direction of interest rate cuts in the coming months.
| Cryptocurrency | Gains +/- | Price (Recorded at 9:45 p.m. EDT) |
| Bitcoin (CRYPTO: BTC) | -0.53% | $65,364.81 |
| Ethereum (CRYPTO: ETH) | -0.95% | $2,642.44 |
| Dogecoin (CRYPTO: DOGE) | -3.30% | $0.1235 |
What Happened:Bitcoinspiked above $66,000 during the afternoon hours but started to descend as the evening progressed, falling as low as $65,121 overnight.Ethereumalso encountered choppy behavior in the $2,600 region
Bitcoin gained more than 10% in September, its best performance in a month with a historical average loss of 3.47%. The rally has been broadly fueled by the central bank's aggressive 0.5% rate cut earlier this month.
Total cryptocurrency liquidations exceeded $108 million in the last 24 hours, with...
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