Bitcoin Holds $90,000 As Ethereum, XRP, Dogecoin Show No Reaction To Fed Rate Cut

Bitcoin is showing little reaction to the Federal Reserve’s 25-basis-point rate cut and continues to trade around $90,000, with liquidations at $497.83 million over the past 24 hours.

Bitcoin ETFs saw $223.5 million in net inflows on Wednesday, while Ethereum ETFs reported $57.6 million in net inflows.

Time To Have Fear?

Michael van de Poppe noted that Bitcoin’s failure to reclaim the key $91,800 level after the FOMC triggered a market-wide pullback.

Still, the broader structure continues to print higher lows, keeping the short-term uptrend intact. He highlighted the key levels to watch:

• $89,500: Losing this opens the door to an $80,000 double-bottom.
• $91,800: A reclaim would restore bullish momentum; another rejection increases downside risk.

Van de …

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