Bitcoin struggles to stabilize above $115,000 after the Federal Reserve cut rates by 25 basis points and signaled further easing through 2025, highlighting dovish economic concerns.
Bitcoin attempted to maintain levels above $115,000 following the U.S. Federal Reserve’s 25 basis point rate cut, lowering the benchmark range to 4.0%–4.25%. The Fed projected an additional 50 basis points of cuts through 2025 amid slowing job gains, higher unemployment, and lingering inflation concerns. Despite the dovish policy stance, Bitcoin’s reaction was muted, with traders cautious about inflation risks and broader economic conditions. Open interest in Bitcoin futures spiked after the announcement, while spot market volumes continued to decline, signaling leveraged positioning rather than genuine demand. The divergence raises questions over the sustainability of Bitcoin’s current levels as the market braces for potential volatility.