{"id":54051,"date":"2025-10-29T04:54:54","date_gmt":"2025-10-29T04:54:54","guid":{"rendered":"https:\/\/emilynews.com\/blog\/?p=54051"},"modified":"2025-10-29T04:54:55","modified_gmt":"2025-10-29T04:54:55","slug":"bitcoin-slips-to-112k-as-fed-rate-cut-looms-long-bets-face-heavy-liquidations","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=54051","title":{"rendered":"Bitcoin Slips to $112K as Fed Rate Cut Looms \u2014 Long Bets Face Heavy Liquidations"},"content":{"rendered":"

Bitcoin\u2019s Tuesday mood was anything but golden. After hovering comfortably around $115,500, the orange coin slipped on a banana peel, tumbling to an intraday low of $112,349. That\u2019s a 1.8% drop against the U.S. dollar as traders braced for the Federal Reserve\u2019s expected rate cut.<\/strong><\/p>\n

Bitcoin\u2019s Pre-Fed-Day Jitters<\/h2>\n

Wall Street, meanwhile, was in a better mood\u2014Nasdaq, Dow, and S&P 500 all posted gains ahead of the Federal Open Market Committee (FOMC) meeting. But once the closing bell rang, crypto called it a day. The total digital asset market now sits at $3.78 trillion, down 2.23% in 24 hours.<\/p>\n

Earlier in the day, bitcoin even flirted with $116,077 before gravity took over around 4:30 p.m. Volume spiked to $62.67 billion, but it\u2019s mostly sell orders hitting the tape. That wave of red ink triggered chaos in the derivatives arena, where $552.27 million in positions were liquidated across 150,568 traders.<\/p>\n

\"Bitcoin<\/p>\n

Ethereum ( ETH) and bitcoin took the brunt of it\u2014 ETH longs got vaporized to the tune of $122 million, while BTC longs saw $88.82 million go poof, per Coinglass data. SOL, TRUMP, ZEC, LTC, ENA, and a few others joined the liquidation graveyard. By day\u2019s end, BTC was down 1.8%, ETH off 3.9%, and XRP down 1.3%.<\/p>\n

In the shiny metal department, gold slipped 0.69% to $3,955 per ounce, while silver managed to glimmer just a bit, up 0.38% at $47.12. Not exactly a rally, but hey\u2014at least someone\u2019s still shining. In short, Tuesday was one of those days where bitcoin reminded everyone it still knows how to throw a tantrum. By 5 p.m. on Oct. 28, BTC was exchanging hands for $112,851 per unit.<\/p>\n

With the Fed\u2019s rate decision looming, the market\u2019s acting like a caffeinated squirrel\u2014jittery, unpredictable, and definitely not sitting still. The liquidations were brutal, the nerves were fried, and the charts looked like modern art. But if history\u2019s any guide, bitcoin\u2019s favorite party trick is making a comeback right after everyone declares it dead\u2014so grab popcorn, the next act\u2019s probably already loading.<\/p>\n

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Bitcoin\u2019s Tuesday mood was anything but golden. After hovering comfortably around $115,500, the orange coin slipped on a banana peel, tumbling to an intraday low of $112,349. That\u2019s a 1.8% drop against the U.S. dollar … Bitcoin Slips to $112K as Fed Rate Cut Looms \u2014 Long Bets Face Heavy Liquidations<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":54053,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5651,6],"tags":[139,3544,3812,5652,10,159,97],"class_list":["post-54051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptonews","category-information","tag-bitcoin","tag-bitcoin-news","tag-cryptonews","tag-emilynews","tag-hyip","tag-hyipnews","tag-hyips","exalt-entry"],"yoast_head":"\nBitcoin Slips to $112K as Fed Rate Cut Looms \u2014 Long Bets Face Heavy Liquidations - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=54051\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Slips to $112K as Fed Rate Cut Looms \u2014 Long Bets Face Heavy Liquidations - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"Bitcoin\u2019s Tuesday mood was anything but golden. 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