By Ethan Carter
Bitcoin has shown considerable volatility, dropping to just under $108,000 before surpassing $110,000, accompanied by $817 million in leveraged futures liquidations.
The 25-basis-point rate cut from the Federal Reserve was met with measured comments from Chair Jerome Powell, affecting market optimism.
Analysts indicate that while volatility remains in the short term, improving macroeconomic conditions might facilitate a Bitcoin rise, assuming liquidity increases as anticipated.
Ethan is a seasoned cryptocurrency writer with extensive experience contributing to leading U.S.-based blockchain and fintech publications. His work blends in-depth market analysis with accessible explanations, making complex crypto topics understandable for a broad audience. Over the years, he has covered Bitcoin, Ethereum, DeFi, NFTs, and emerging blockchain trends, always with a focus on accuracy and insight. Ethan's articles have appeared on major crypto portals, where his expertise in market trends and investment strategies has earned him a loyal readership.
