The post Bitcoin Drops as Markets Ignore Fed Rate Cuts—Here’s Why BTC Price is Plunging appeared first on Coinpedia Fintech News
Bitcoin was expected to kick off a strong rally following the fresh Fed rate cuts, as the price was seen stabilizing above $92,000. Interestingly, the price dropped hard to $89,400 during early trading hours, sending shockwaves through the markets and confusing seasoned traders. This could show a disconnect between these bullish factors and BTC price, …