Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin (CRYPTO: BTC) has plummeted below $109,000 after the expected Fed rate cut, prompting renewed debate over whether crypto traders once again fell for a "buy the rumor, sell the news" setup. What Happened: According to on-chain data provider Santiment, while the rate cut was widely expected, Jerome Powell's hawkish tone during the post-meeting press conference rattled markets. The Fed Chair cautioned ...