Bitcoin Bulls Stymied as Fed’s Rate Cut Fails to Spark Sustained Rally

Bitcoin’s (BTC) price movement has disappointed bulls, as the highly anticipated interest rate cut by the U.S. Federal Reserve failed to provide the necessary spark for a sustained rally. The Fed’s latest 25-basis-point reduction, the third in recent months, was widely expected by the market and resulted in a brief spike above the $94,000 level. …

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