Bitcoin faced a sharp retrace yesterday, dropping 8% from its all-time high of $108,300 after the Federal Reserve announced a 25 basis point rate cut alongside a revised policy signaling fewer cuts in 2025. Despite the drop, Bitcoin managed to hold above $98,000, a critical liquidity level that analysts are closely monitoring. Related Reading: On-Chain Metrics Reveal Cardano Whales Are ‘Buying...
source: https://www.newsbtc.com/bitcoin-news/bitcoin-data-reveals-no-significant-panic-selling-in-the-market-shakeout-or-trend-shift/