Degen

Bitcoin and other cryptocurrencies saw their prices fall sharply today, with Bitcoin falling below $99,000, while Ethereum, Ripple and Solana all fell between 4% and 8%. The declines coincided with investor concerns ahead of the Federal Open Market Committee (FOMC) meeting.

The total market value of cryptocurrencies fell 3% to $3.31 trillion, while trading volume rose 21%. Meanwhile, the rise in popularity of Chinese startup DeepSec has weighed on the US stock market and tech giants.

DeepSec, an artificial intelligence startup, has overtaken US rivals OpenAI and Meta to become the top-ranked app store. This has caused a sharp drop in the value of shares of major US tech companies.

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