📉 Bitcoin took a 2.5% tumble to $60,300 on Friday, reacting to the Federal Reserve's inflation battle plans. It was a rollercoaster ride from a high of $63,400, triggering $175M in liquidations, with the biggest single hit at $3.56M on a Binance BTC/USDT trade. 🎢
Dallas Fed President Lorie Logan hinted it might be premature to cut rates, while Atlanta Fed President Raphael Bostic suggested a possible 25 basis point reduction by year-end.
Lower rates could be a win for Bitcoin and stocks, making risk assets more affordable. 🚀
What's your take? Will Bitcoin bounce back or continue to slide? Share your thoughts below! #Bitcoin #FedRates #MarketVolatility