Bitcoin Drops Below $110K After Fed Cut, Traders Accuse Binance of Manipulation
The post Bitcoin Drops Below $110K After Fed Cut, Traders Accuse Binance of Manipulation appeared first on Coinpedia Fintech NewsThe Bitcoin price today dropped suddenly below $110,000, falling by over 4% in a single day. The sharp move came right after the Federal Reserve announced a 25 basis point rate cut, lowering interest rates to the 3.75%-4% range while keeping its strict 2% inflation target intact. While analysts initially blamed the sell-off on macroeconomic ...