Bitcoin (BTC) Price Holds Above $60,000 as Traders Warn of 50 Basis Fed Rate Selloff

“The size of the rate cut matters because it could lead to different market reactions. While a 25bps cut would likely boost markets, a 50bps cut could signal recessionary concerns, potentially triggering a deeper correction in risk assets,” said Alice Liu, director of research at CoinMarketCap, in -an email to CoinDesk.