Fed Cuts Rates, But Bitcoin Lags Behind 🏦➡️📉

The U.S. Dollar Index ($DXY) has hit a 7-week low after the Fed's rate cut. Typical post-cut reactions are playing out:

•Precious Metals 🚀: Silver soared to a new record near $64/oz.

•Bond Yields 📉: The 10-year Treasury yield fell to ~4.12%.

•But Crypto? Surprisingly, it's not joining the party.

Bitcoin briefly spiked above $94,000 before reversing sharply. It's now trading below $89,400, down ~3% in 24 hours.

Ethereumis down ~5.5%, with XRP and Solana both sliding ~4%.

Why the Crypto Sour Mood?

The sell-off inAI-related stocks appears to be spilling over. Oracle's disappointing earnings triggered a broad tech slump, pulling down giants like Nvidia. Bitcoin mining stocks—many now focused on AI infrastructure—are also down 5-6%.

Key Stock Moves:

•MicroStrategy ($MSTR)**: -6.4%

•**Coinbase ($COIN): -5%

•Robinhood ($HOOD): -8.3% (on weak crypto trading volumes)

While classic "easy money" trades like gold and bonds are working, crypto is decoupling for now, potentially weighed down by the tech/AI stock correction.

#Fed #RateCut #DXY #Bitcoin #BTC

#Crypto #Markets #Trading #AIStocks #BinanceSquare

$BTC

BTC

89,092.95

-0.19%