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Whoa, hold onto your hats, folks! The crypto rollercoaster has taken a sharp dive, with the total market cap shrinking by a whopping $150 billion in just 48 hours. Talk about a wild ride!

Bitcoin is playing coy as we round out the year, slipping from its lofty heights of $97,000 to below $94,000. Ouch! That's a $14,000 drop since last Tuesday's summit. But hey, it's not alone in this crypto tumble; the altcoins are also caught up in this market whirlwind with some serious price plunges. AVAX, LINK, SUI, oh my!

The whole shebang kicked off when the Fed stirred the pot last week, causing Bitcoin to nosedive from an impressive $108,000 to $92,000 in no time. It made a valiant effort to bounce back over the weekend, momentarily climbing to $99,000, but Monday had other plans, sending it southward once more.

The bulls did try to rally, nudging Bitcoin close to the $100,000 mark, but alas, it was another short-lived victory. The bears came roaring back, dragging it below $94,000. It’s clawing its way back up, but still, the day's tally shows a more than 2% drop.

And if you think Bitcoin's having a rough time, check out the altcoins. They're seeing red, too. Ethereum can't catch a break, slipping from $3,500 to $3,360. XRP is struggling below $2.2, while BNB is clinging on above $700. SOL, ADA, DOGE, and TON aren't faring much better, each shedding up to 3%.

The pain is even more pronounced for AVAX, SUI, LINK, DOT, and HBAR. Chainlink, in particular, is feeling the burn, plummeting nearly 10% to sit below $22.

With most of the lower- and mid-cap alts in the same boat, the total crypto market cap has dropped like a stone, losing $150 billion in two days and settling just over $3.4 trillion. It's a nail-biting time for crypto enthusiasts! Hold tight and keep your eyes on the prize because this market never sleeps.

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