**Crypto Market Reels as Powell's Fed Warning Sparks $200M Liquidation Wave**
Altcoins took a sharp hit following Fed Chair Jerome Powell's hawkish remarks, with SOL, AVAX, and HYPE dropping 4%-5% before recovering slightly. Memecoins BONK and PENGU saw steeper declines, plummeting 10% before rebounding, as traders scrambled to cover positions amid heightened volatility.
SOL
102.03
-3.28%
HYPEUSDT
Perp
31
+0.39%
BONK
0.0₅703
-1.95%