Crypto slides after Fed cut, but analysts eye QE-driven rally

Cardano led major token losses on Thursday as Bitcoin fell and long-side liquidations topped $369 million. The Fed 25-bp cut failed to lift sentiment, but analysts expect a rebound once quantitative easing begins. Joe Consort and Arthur Hayes said renewed liquidity could aid crypto. Bitcoin traded near $90,200, while Ethereum slipped below $3,200.