Bitcoin Slips to $112K as Fed Rate Cut Looms — Long Bets Face Heavy Liquidations

Bitcoin’s Tuesday temper was thing but golden. After hovering comfortably astir $115,500, the orangish coin slipped connected a banana peel, tumbling to an intraday debased of $112,349. That’s a 1.8% driblet against the U.S. dollar arsenic traders braced for the Federal Reserve’s expected complaint cut. Bitcoin’s Pre-Fed-Day Jitters Wall Street, meanwhile, was successful a amended […]