Crypto analyst Benjamin Cowen suggests that Bitcoin (CRYPTO: BTC) dominance might continue climbing, even as it hits his long-standing 60% target, following the Fed’s recent 25 basis point interest rate cut. What Happened: In an update on his YouTube channel, Cowen analyzed the Federal Reserve’s decision to reduce rates to lowest level since February 2023 and maintain quantitative tightening by continuing to reduce its holdings in Treasury securities and mortgage-backed securities. He highlighted that Bitcoin’s dominance has typically peaked (60%) only after quantitative easing (QE) starts. Th…