Home Gadgets Bitcoin Slips as Fed’s Mixed Tone Keeps Market in a Narrow Range

Bitcoin Slips as Fed’s Mixed Tone Keeps Market in a Narrow Range

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Bitcoin slipped after briefly surging past $94,000 following the US Federal Reserve’s 25bps rate cut, with traders reacting to mixed commentary from Fed Chair Powell. Weak liquidity, inconsistent inflows, and subdued on-chain activity limited the upside. Altcoins also traded more softly as macro sensitivity remained high.Bitcoin slipped after briefly surging past $94,000 following the US Federal Reserve’s 25bps rate cut, with traders reacting to mixed commentary from Fed Chair Powell. Weak liquidity, inconsistent inflows, and subdued on-chain activity limited the upside. Altcoins also traded more softly as macro sensitivity remained high.