Crypto's total market cap dropped nearly 7% in the last day to $3.41 trillion.
Getty Images; Jenny Chang-Rodriguez/BI
- Bitcoin slid below $100,000 Thursday as traders were rattled by the Fed's rate guidance.
- The crypto dropped more than 5% to trade around $98,000.
- Other cryptocurrencies, like Ethereum and XRP, also slumped.
Bitcoin tumbled below the $100,000 threshold on Thursday, weighed down by the outlook for fewer rate cuts in 2025.
While other risk...