Article Summary

Bitcoin rebounds above $110,000 despite initial volatility following the Federal Reserve's 0.25% interest rate cut, which triggered a 2.4% cryptocurrency market decline. The leading digital asset temporarily dropped to $111,000 before recovering, while Ethereum and Dogecoin experienced significant 4% losses during the Fed announcement. Major cryptocurrency prices show mixed reactions: Bitcoin trades at $110,876.85, Ethereum at $3,920.94, Solana at $194.33, XRP at $2.61, Dogecoin at $0.1931, and Shiba Inu at $0.00001023. The Federal Reserve's monetary policy decision created substantial market turbulence across the crypto ecosystem. Coinglass liquidation data reveals severe market stress, with 146,874 traders liquidated within 24 hours, resulting in $555.80 million in forced position closures. This massive liquidation event highlights the cryptocurrency market's sensitivity to Federal Reserve policy changes and traditional financial market dynamics. The rate cut's impact on digital assets demonstrates the growing correlation between cryptocurrency prices and macroeconomic factors. Bitcoin's resilience above $110,000 suggests strong institutional support, while altcoin weakness indicates selective investor sentiment in the current blockchain market environment.