[LIVE] Crypto News Today, October 14 — Why Is Crypto Crashing Today? Whales Short Bitcoin as Market Awaits Powell: Next Crypto to Explode?

The crypto market turned red on Tuesday as traders reduced exposure ahead of Federal Reserve Chair Jerome Powell’s upcoming policy speech. Bitcoin slid below $112,000, last trading near $111,856, down 3% over the day. The global crypto market cap dropped 3.2% to $3.8 trillion, signaling renewed caution after a short-lived rebound. But it’s also the perfect environment for selected crypto to explode next as traders are eager to find profitable investments. Ethereum lost 4% to $4,012, plunged 10% to $1,205, ...