Bitcoin Falls 2.4% After Fed Rate Cut and Mixed Messaging

iconCoinDesk
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Bitcoin fell 2.4% to $90,118.54 after **Fed news** revealed a 25-basis-point rate cut to 3.25%. The Fed also signaled only one more cut in 2026, below market expectations. The **fear and greed index** shifted toward risk-off as internal Fed divisions and uncertainty over Powell’s replacement weighed on sentiment. Ether and the CoinDesk 20 Index both dropped over 4%.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.