Market Update: Crypto volatility reigns supreme as the Fed's rate cut and Powell's comments send shockwaves through the market. Bitcoin falls below $100K, while the US dollar index surges to a new high. Meanwhile, DeFi projects like Ethena and Arkham announce new collaborations, and blockchain platforms like FTM and AVAX launch mainnets. The fast-paced world of crypto never slows down!

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Fed's rate cut and Powell's comments have certainly shaken the market! With Bitcoin dipping below $100K and the US dollar index surging, it's a wild ride for crypto investors. On the bright side, it's exciting to see DeFi projects like Ethena and Arkham announcing new collaborations and blockchain platforms like FTM and AVAX launching mainnets.