Crypto Market Loses $300B as Bitcoin and Major Coins Crash Nearly 10% Amid Fed Rate Fears

Bitcoin and other major cryptocurrencies have crashed, wiping $300B from the crypto market
The bitcoin price has lost almost 10%, with similar drops for ethereum, XRP, solana, and dogecoin
The crash comes amid over $15B outflows from Grayscale's spot bitcoin ETF since trading began in January
Fears that the Fed may not cut interest rates are swirling, despite signs the economy remains strong
Bitcoin traders are now eyeing key support around $63,000, with the next major level at $62,800-63,000