Bitcoin's price declined by 2.5% to $90,185 in the last 24 hours, despite the Federal Reserve's decision to cut interest rates by 25 basis points. This marks the third rate cut this year, with Fed Chair Jay Powell indicating another potential cut in 2026. Following the announcement, Bitcoin briefly surged to $94,000 but was unable to maintain the gains, settling near $90,000 amid key Fibonacci levels. Analysts remain cautious about Bitcoin's future price movements as they await further actions from the Fed.
Bitcoin Falls 2.5% Despite Fed's Rate Cut
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