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BNB dropped 2.7% following the U.S. Federal Reserve's decision to cut interest rates by 25 basis points, reflecting broader crypto market weakness. The move places the token at a critical technical juncture, with further downside possible.
Internet Computer (ICP) broke below the key $3.40 support level, declining 4.28% in a technically bearish move. This token-specific weakness contrasts with the broader market, which is consolidating in anticipation of a widely expected U.S. Federal Reserve interest rate cut.