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.

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