Bitcoin, Ethereum, and XRP Prices Drop Amid Interest Rate Concerns and Crypto Treasury Company Model Uncertainty

Bitcoin, Ethereum, and XRP have dropped significantly from their July highs, prompting investors to question the future direction of the crypto market. The decline is attributed to concerns over interest rates and the Federal Reserve's monetary policy, as well as the rise and fall of the crypto treasury company model. Investors are searching for a new catalyst to push these cryptocurrencies higher, such as lower interest rates or new crypto legislation.