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lmfao fed cutting rates got crypto SHOOK, $795M liquidation??! 💀📉🚀🤯
bRo wTf is hAppEning?! dId tHey jUst fEd pRint mOre mOney a
wait so the fed cut rates and crypto went boom boom then bust bust??! what’s next for $BTC and $ALTs 🧐
fed cuts rates by 0.25% triggering liquidations in crypto: bitcoin tumbles 2.55% to $110,764 with $
Key Notes 📝: The Fed cut rates amid limited data due to the shutdown, impacting Bitcoin prices and triggering liquidations. The decision, passed 10-2, drew dissent as it lowered rates to 3.75% to 4.00% and halted balance sheet reduction.
Crypto Market Reaction 📉: Bitcoin dropped 2.55% to $110,764, causing $795.2 million in liquidations. Despite short-term volatility, the market views the dovish pivot positively for the future. The decision was made amidst economic uncertainty from the government shutdown.
Fed Cuts Rates by 0.25%, Halts QT as Crypto Market Faces $795M Liquidation
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