Bitcoin’s price dropped below the $110,000 (roughly Rs. 97.4 lakh) mark after the US Federal Reserve cut interest rates by 25 basis points. Although expected, the announcement of quantitative easing from December shook short-term sentiment, leading to over $700 million (roughly Rs. 6,200 crore) in liquidations.
Tech
Bitcoin’s Price Continues to Fall as Markets React to US Fed Rate Cut
by aweeincm1
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