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