Federal Reserve

Bitcoin and the broader crypto market are in the red today. Despite positive news from the Federal Reserve about an interest rate cut, the market reacts with uncertainty due to internal disagreements at the Fed and a cautious outlook for the U.S. economy.

The crypto market saw €450 million in liquidations over 24 hours as Bitcoin and Ethereum prices dropped sharply, despite bullish news from the Federal Reserve’s rate cut.

The Federal Reserve’s upcoming interest rate decision is expected to be a 0.25% cut, which could positively impact the crypto market by making borrowing cheaper and saving less attractive.

New SEC Chairman Paul Atkins hints at an upcoming crypto bull run, citing regulatory shifts and pro-crypto policies under the Trump administration.

The U.S. Federal Reserve has lowered interest rates by 25 basis points, a move widely anticipated by the market. The decision is expected to boost risk-on assets like cryptocurrencies, though the immediate impact on prices remains to be seen.

Bitcoin surged to a three-week high of $94,600 before pulling back, leaving the market nervous ahead of tonight’s Federal Reserve interest rate decision and press conference.

As the Federal Reserve’s interest rate decision approaches, major crypto investors (whales) are aggressively buying Ethereum and select altcoins like Aster, Pippin, and Chainlink, positioning for a potential market rally.

The crypto market rallied sharply, driven by a short squeeze and signals from the White House that the Federal Reserve may cut interest rates, leading to massive liquidations of short positions.

Analysts suggest the biggest risk to Bitcoin’s price is not the size of the Fed’s balance sheet, but the significant lag in how monetary policy affects the economy. This delay could create short-term headwinds for crypto before potentially fueling a longer-term rally.

Bitcoin is trading in a tight range as analyst Daan highlights a critical Fibonacci support level around $84,000. With the Fed meeting approaching, market participants are watching closely for potential price movements.