Bitcoin, Ethereum, and XRP Tumble. What's Driving This Crypto Crash.

1. Bitcoin fell 5.6% to $97,204, now 30% below October high. 2. Ethereum, Solana, and XRP dropped significantly, showing declining investor confidence. 3. Investors are selling risk-on assets amid AI valuation and Fed rate fears. 4. Tech-heavy Nasdaq Composite index slumped 2.3%, indicating broader market bearishness. 5. Doubts about Federal Reserve rate cuts could pressure cryptocurrencies further.