Bitcoin experienced significant volatility, falling to nearly $108,000 before rising 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 Chair Jerome Powell, impacting market optimism.
Analysts suggest that while short-term volatility persists, macroeconomic conditions may support Bitcoin’s rise if liquidity increases as expected.
www.coindesk.com
#Ripple #Risk #Deeper #Pullback #Fed #Cuts #Bitcoin #Slide
