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Bitcoin Dips After Powell Says a December Cut ‘Is Not a Foregone Conclusion’

The cryptocurrency briefly fell below $110K even after the U.S. Federal Reserve lowered its policy rate for the second time this year. Powell’s Hawkish Stance Sends Bitcoin Lower A second rate cut this year was a practic...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Dips After Powell Says a December Cut ‘Is Not a Foregone Conclusion’
The cryptocurrency briefly fell below $110K even after the U.S. Federal Reserve lowered its policy rate for the second time this year. Powell’s Hawkish Stance Sends Bitcoin Lower A second rate cut this year was a practical certainty based on the probability reflected by the CME Fedwatch Tool just minutes before Federal Reserve Chairman Jerome […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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