The Federal Reserve has cut rates by 25 basis points again, but the cryptocurrency market didn't just fail to rise; it actually dropped. What's going on?

In fact, from a macroeconomic perspective, lower interest rates are good for Bitcoin. Because when interest rates drop, money from traditional finance may flow out in search of higher-yield investments. But this won't happen overnight; we need to wait a week or two for the benefits of the rate cut to gradually materialize.

So there's no need to panic, just let things settle for a while and wait for BTC to return to 120,000 next month.