Something big just shook the crypto market — and Mira Network Price Crash became the surprise headline. One simple comment from New York Fed President John Williams spread panic among traders.
Screens turned red as selling picked up fast. The token price crashed around 15% in just 24 hours, and got even worse after John Williams rate cut statement, shocking even experienced investors
The industry reacted strongly when the President of the New York Federal Reserve said that more interest rate cuts are likely this year. His words were reported by the New York Times and quickly spread through WatcherGuru X post.

What sounded like good news for the economy created short-term fear instead. Traders started moving their money fast, worried about liquidity problems and credit risks.
This sudden reaction badly hit altcoins, and Mira Network Price Crash became the big story of the day.

Current Price: $0.4615 (down 14.25% in 24h)
Volume (24h): $1.29B (up 395.85%)
Launch Price (26 Sept): ~$1.80
All-Time High: $2.61
As per TradingView chart Mira Network price analysis shows RSI is at 33.48, which means the token is near oversold. MACD is still bearish but the fall is slowing down.
After Williams’ comments, the asset’s support levels are at $0.45 and $0.40, while resistance levels are at $0.50 and $0.55. This crash shows the token must go back above $0.50 to stop the bearish trend.
At first, it may seem like U.S. interest rate policy and a new crypto token are not connected. But they are. Investors asking why is Mira Network crashing today, October Fed rate cut talk has the answer.
Sentiment Changed Suddenly: Normally, cuts are good for markets in the long run. But when they come as a surprise, traders panic and change their positions quickly. Small tokens like this get hit first.
Crypto Market Moves Together: Bitcoin and Ethereum fell right after the Fed news, and the crypto market is facing high volatility right now. These are also some of the major price drop reasons.
Polymarket chart adds the fuel to the news, October fed rate cut probability also soared 90% for a 25 bps rate cut in the upcoming September 29 FOMC meeting.
In short: John Williams didn’t talk about the asset directly, but his comments shook the whole market and caused a chain reaction.
In the short run, the asset might bounce back to $0.48-$0.50. In the coming week if Bitcoin and Ethereum stabilize then the token price can rise towards $0.50–$0.55.
But, if the market stays weak, it may fall toward $0.40. This is an important level for Mira Network price prediction. If RSI improves and MACD turns positive it could even move up to $0.55–$0.60.
This asset's price crash shows how global events can shake the crypto market. Just one comment from President of the New York Federal Reserve John William changed market mood, pushed big investors to reduce risk, and triggered sharp selling in altcoins.
Disclaimer: This article does not support any financial advice, always do your own research before investing in crypto assets.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.