Key Notes
Federal Reserve delivered smaller 25bp rate cut versus market expectations of 50bp reduction amid inflation concerns.
Crypto liquidations totaled $267M in 24 hours with minimal $36M occurring immediately after Fed announcement.
Short squeeze potential builds at $118K level where $1.8B in positions face liquidation risk above this threshold.
Bitcoin BTC $116 541 24h volatility: 0.2% Market cap: $2.32 T Vol. 24h: $55.05 B price found support above $115,000 on Wednesday, September 17, as markets absorbed the US Federal Reserve’s latest move. The Fed opted to cut rates by 25 basis points from 4.50% to 4.25%, a smaller reduction than the 50 basis points widely expected.
The decision followed overheated consumer inflation data last week, leaving sp