Fed Cuts Interest Rates by 50 Basis Points: Impacts on Bitcoin’s Price and Market Volatility
Bitcoin’s Price Skyrockets After Fed Rate Cut – Could It Hit $100K Soon? The U.S. Federal Reserve’s decision to cut interest rates by 50 basis points (bps) has set off a chain reaction in the financial markets, affecting risk assets such as Bitcoin and equities. As the central bank adjusts its monetary policy, market participants …