Ripple in Risk of Deeper Pullback as Fed Cuts Cause Bitcoin Slide

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.