Bitcoin Slips to $112K as Fed Rate Cut Looms - Long Bets Face Heavy Liquidations

Bitcoins 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. Thats a 1.8% drop against the U.S. dollar as traders braced for the Federal Reserves expected rate cut. Bitcoins Pre-Fed-Day Jitters Wall Street, meanwhile, was in a better []