Bitcoin Reclaims $110,000 Amid Fed Rate Cut, Ethereum and Dogecoin Fall 4%

Bitcoin reclaimed $110,000 after the Federal Reserve's 0.25% rate cut announcement. The crypto market dropped 2.4% with Ethereum, Dogecoin, and Shiba Inu sliding 4%. Notable statistics include 146,874 traders being liquidated in the past 24 hours for $555.80 million. Analysts noted that the Fed's rate cut sparked a classic sell-the-news reaction, pushing Bitcoin below $110,000, and that the next day's price movement will determine whether support holds or fails.