Bitcoin fell over 3% to around $107,000 on Thursday as traders continued to react to Powell’s cautious outlook on rate cuts and renewed U.S.–China trade tensions.
The Federal Reserve cuts its benchmark interest rate by 0.25% today to 3.75%-4% The last time the Federal Reserve cut rates was in September 2025. There
Fed Governor Christopher Waller says the U.S. central bank is entering a new era that embraces DeFi, distributed ledgers, and digital assets within the mainstream financial system.
The U.S. Federal Reserve has cut rates 25 bps as we head into what has historically been a bullish period for bitcoin’s price, potentially adding fiat fuel to a bull run which could end in a historic crash.
The Federal Reserve lowered interest rates by 25 basis points to 4.00–4.25%, marking its first cut in years. Bitcoin rose slightly above $116,000 on the news, according to Bitcoin Magazine Pro.
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