A solid down day in crypto is morphing into a plunge after Federal Reserve Chairman's unexpectedly hawkish remarks at his post-policy meeting press conference. "A rate cut in December is far from a foregone conclusion," said Powell in his opening remarks. That was a shock to markets, which had priced in a 90% chance of another rate cut at the Fed's final meeting of the year. The effect in prices was immediate, with bitcoin (BTC) tumbling about $2K to the current $109,600, now lower by 5% over the past 24 ...