Bitcoin Slips to $109,000 as Traders React to Uncertainty Over Future US Fed Rate Cuts
Bitcoin’s price hovered near $109,900 (roughly Rs. 97.5 lakh) on Friday after the Federal Reserve’s cautious remarks dampened risk appetite. Despite a 25bps rate cut earlier in the week, comments by Fed Chair Jerome Powell signalled uncertainty on future policy moves, dragging the broader crypto market lower. Ethereum and major altcoins also declined amid heavy liquidations and reduced expectations for further easing.
