The Federal Reserve has once again cut interest rates, aiming to stimulate economic growth amid ongoing challenges. This monetary policy decision may have significant implications for the cryptocurrency market, particularly Bitcoin.
Bitcoin, already experiencing remarkable gains, is at an all-time high. The reduction in interest rates is expected to drive more investment into cryptocurrencies as traditional assets offer lower yields.
As rates go down, Bitcoin's appeal as an alternative asset grows, potentially attracting more investors seeking higher returns.
