The Federal Reserve’s interest rate cut “triggered” a rise in cryptocurrency prices, and the spring of CrytocoinMiner has arrived.
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On September 18, the Federal Reserve announced that it would cut its benchmark interest rate by 50 basis points to 4.75%-5.00%, the first time in four years, in line with Wall Street expectations. This decision has a significant impact on various financial markets, including cryptocurrencies. Historically, lower interest rates tend to push up asset prices The post The Federal Reserve’s interest rate cut “triggered” a rise in cryptocurrency prices, and the spring of CrytocoinMiner has arrived. appeared first on CoinGape .
Source: CoinGape
