Bitcoin fell 3% to around $110,000 after the Federal Reserve’s 0.25% rate cut, as Chair Jerome Powell’s hawkish comments overshadowed the dovish move, leading to a ‘sell the news’ reaction
Story Tags
CoinOtag
Latest news and analysis from CoinOtag
Related Articles
BlackRock CEO’s Latest Confirmation Excites XRP Army
Versan Aljarrah, co-founder of Black Swan Capitalist and a prominent XRP advocate, recently shared a video on X featuring BlackRock CEO Larry Fink discussing the rapid evolution of digital finance. Al...
1 min
Bitcoin Faces Volatility Despite Fed’s Rate Decision
Bitcoin's price drop follows a brief rally despite a Federal Reserve interest rate cut. Powell's comments signal uncertainty over future rate adjustments, affecting market sentiment. Continue Reading:...
1 min
