Bitcoin Sinks Below $110,000 as Fed Turmoil and Economic Data Loom
Tuesday, 26 August 2025 ()
In brief - Bitcoin dropped 2.8% to $109,882, with $940 million in long liquidations. - Trump’s firing of Fed Governor Lisa Cook rattled markets, briefly sinking the dollar index. - Investors await Q2 GDP revisions and core PCE inflation for clues on September rate cuts. Bitcoin is extending its…
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