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Bitcoin Price Steadies Above $90,000 as Markets React to Fed Rate Cut: What’s Next?
Bitcoin price faces resistance at $91,000, testing support at $88,000.
Fed's rate cut triggers bearish trend, impacting the broader crypto market.
On-chain data suggests a potential "buy-the-dip" opportunity for traders.
Bitcoin price has managed to maintain above $90,000 on Thursday, following a bearish market trend triggered by the Federal Reserve’s recent interest rate cut.
The total crypto market has reported a 3% decrease in the last 24 hours. This decline follows as traders respond to the third rate drop of the year by the Fed, and huge liquidations by big crypto holders.Bitcoin Price Steadies Above $90,000 as Markets React to Fed Rate Cut: What’s Next?103889
Bitcoin price faces resistance at $91,000, testing support at $88,000.
Fed's rate cut triggers bearish trend, impacting the broader crypto market.
On-chain data suggests a potential "buy-the-dip" opportunity for traders.
Bitcoin price has managed to maintain above $90,000 on Thursday, following a bearish market trend triggered by the Federal Reserve’s recent interest rate cut.
The total crypto market has reported a 3% decrease in the last 24 hours. This decline follows as traders respond to the third rate drop of the year by the Fed, and huge liquidations by big crypto holders.