A crypto crash is happening, with Bitcoin plunging below $115,000, and most altcoins like Ethereum (ETH), XRP, Cardano (ADA), and Hyperliquid (HYPE) going down by over 4%. This article explores some of the top reasons why the crypto market is going down today. Crypto crash is happening as investors sell the newsCopy link to sectionOne reason for the ongoing crypto crash is that investors are selling the Federal Reserve interest rate cut news. Federal Reserve interest rate cuts are bullish for risky assets like cryptocurrencies, which explains why most of them rose before and after the Federal Reserve slashed interest rates on Wednesday. Soaring liquidations in the crypto marketCopy link to sectionThe crypto market is also soaring as investors react to the soaring liquidations in the crypto market.