Bitcoin rallied past $112,500 and briefly touched $118,000 following the Federal Reserve’s rate cut, driven by short covering and speculative buying. While profit-taking introduced volatility, derivatives markets shifted from a risk-off stance to more balanced positioning, easing downside concerns. Perpetual futures played a central role,... The post Bitfinex Alpha | Bitcoin Strengthens as Fed Rate Cut Sparks Volatility appeared first on Bitfinex blog.
