Ripple Risk of Deeper Pullback as Fed Cuts Cause Bitcoin to Fall
Bitcoin saw significant volatility, falling to nearly $108,000 before surging above $110,000, with $817 million in leveraged futures liquidations. The Federal Reserve’s 25 basis point rate cut was followed by cautious remarks from Chairman Jerome Powell, which impacted market optimism. Analysts suggest that even if short-term volatility persists, macroeconomic conditions could support Bitcoin’s rise if […]
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