Bitcoin Slips Below $115K After Fed Implements Quarter-Point Interest Rate Cut

Bitcoin Unmoved By Fed Rate Cut; Ethereum, XRP, Dogecoin Spike: Analyst Says BTC Should See $120,000 By End Of Week If 'All Goes To Plan' - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)

Bitcoin failed to break out of its range, but other major coins rose on Wednesday as the Federal Reserve implemented its first interest rate cut of the year.

Bitcoin calm, altcoins surge: Fed cut ushers in new chapter for crypto markets

Bitcoin steady at $116K as Ethereum, Dogecoin, Solana, and XRP rally strong. XRP and Dogecoin ETFs debut in US, unlocking fresh mainstream investor demand. Fed rate cut sparks hope for a new crypto rally not seen since the 2021 bull run. The crypto market woke up to a new monetary landscape after the US Federal Reserve delivered its long-awaited rate cut, lowering borrowing costs by 25 basis points. Unlike past years when central bank decisions …

Bitcoin Price Retraces as Fed Delivers 25bps Rate Cut Amid Sluggish Market Reaction

Bitcoin’s price pulled back following the U.S. Federal Reserve’s announcement of a 25-basis-point interest rate cut, as markets reacted tepidly to the widely anticipated move. The cryptocurrency, often viewed as a hedge against monetary policy shifts, faced volatility amid broader economic uncertainty, with investors weighing the implications of the Fed’s cautious approach to easing. BTC’s […] The post Bitcoin Price Retraces as Fed Delivers 25bp…

Bitcoin slips below $115K after Fed implements quarter-point interest rate cut – DG Verifications & Stats

Bitcoin struggles to hold the $115,000 level even after a Federal Reserve policy pivot brought about the long-awaited 25-basis point interest rate cut. Market Update Key takeaways: Bitcoin is struggling to hold above $115,000 after the Fed’s 25-bps interest rate cut. The Fed signaled an additional 50 bps of cuts through 2025. Bitcoin futures open interest surged while spot volumes continued to decline. Bitcoin (BTC) is trying to steady its pr…

Fed Rate Cut Boosts Bitcoin Price Ahead Of Q4 Melt-Up

Historically, bitcoin’s price peaks approximately 20 months after a Bitcoin halving. The last Bitcoin halving occurred in April 2024, which means we could see a cycle top by December of this year. The odds of this are increasingly likely as Fed Chair Powell cut rates by 25 bps today, giving the approximately $7.4 trillion sitting in money market funds a reason to come off the sidelines and move into a hard asset like bitcoin, especially now that…

Bitcoin slips below $115K after Fed implements quarter-point interest rate cut

BTC attempts to hold $115,000 after the Fed’s 25 bps cut, but fading spot demand leaves the rally’s strength in question.