$BTC 🚨 Fed Cuts Rates & BTC Reacts: A Quick Market Update 🚨

The U.S. Federal Reserve finally made its move, cutting interest rates by 25 basis points (0.25%) for the first time this year.

Bitcoin had a classic "buy the rumor, sell the news" knee-jerk reaction, briefly dipping to ~$115K. But the dip was SHORT-LIVED! 🚀

By this morning, BTC surged back to a stunning $117,740, proving its resilience and bullish momentum.

Why the initial confusion? 🤔

· Some might have hoped for a larger 50bps cut.

· The market was digesting the Fed's "dot plot," which suggests continued rate cuts into 2027, potentially bottoming at 3.1%. This is a long-term bullish signal for risk-on assets like Bitcoin!

📊 Key BTC Metrics (24H):

· Price: $117,740.20 (+1.77%)

· Market Cap: $2.34T (+1.64%)

· Trading Volume: $64.81B (+32.73%)

· Futures Open Interest: $87.29B (+5.01%)

Liquidation Alert! 💥 Shorts got REKT!Over $105M** was liquidated in the past 24 hours, with **$79M of that being over-leveraged short sellers.

The bottom line: The macro outlook remains highly supportive. The path of lower interest rates is confirmed, and Bitcoin continues to show incredible strength.

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