Bitcoin and major altcoins like ETH, SOL, AVAX, ADA suffered losses post-Fed meeting due to escalating geopolitical risks, while traditional assets such as gold and equities surged.
The market sell-off was triggered by reports of Iran planning retaliation against Israel, heightening regional conflict risks amid uncertain Fed rate cut signals.
Traders' pre-positioning may have influenced the contrasting performances, with equities being under-owned and bitcoin facing profit-taking after a strong inflow period.
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