Federal Reserve Slashes Interest Rates by 25 Basis Points, Sending Bitcoin Price Towards New ATH
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The post Federal Reserve Slashes Interest Rates by 25 Basis Points, Sending Bitcoin Price Towards New ATH appeared first on Coinpedia Fintech News As well as Trump’s victory, the crypto market recently received another big news as the Fed slashed interest rate by 25 bps. Bitcoin’s price, often highly responsive to US news, had already reached a record near $77,000 and remained relatively stable. Fed Goes Easy on Monetary Policy In line with market expectations, the U.S. Federal …
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