The market welcomed a "Rate Cut Day" this week, with major cryptocurrencies experiencing a slight pullback this morning.
By: theblockbeats.news|2025/09/15 00:42:09
BlockBeats News, September 15. At 2:00 AM Beijing time this Thursday, the Federal Reserve FOMC will announce the interest rate decision and economic projections summary. Current traders and institutions generally expect the Fed to cut interest rates by 25 basis points.
Nevertheless, today major cryptocurrencies have shown signs of a morning pullback from their highs.
Bitcoin briefly dropped below $115,000, currently trading at $115,110;
Ethereum briefly dropped below $4,600, now priced at $4,604;
SOL briefly dropped below $240, currently priced at $241.29.
If Bitcoin drops below $114,000, the mainstream CEX long liquidation pressure will reach 737 million.Source: Insider
Insider: Fed Chair Contender BlackRock Exec's Rate-Cut Zeal Scorecard Keeps Rising
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