Bitcoin sought to flip $117,000 to support on Thursday as the Federal Reserve interest-rate cut boosted crypto markets. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining up to 1.3% after the daily close. Volatility hit as the US Federal Reserve announced its first rate cut of 2025, coming in at 0.25% to match market expectations. After a brief dip below $115,000, Bitcoin rebounded, liquidating both long and short positions to the tune of over $100 million over 24 hours. Among traders, hopes were high that bulls would cement support and continue on to challenge all-time highs. “The more ... (full story)