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Fed Cuts Rate by 50bps, Surprises Market With Dovish Dot-Plot – Here’s How Bitcoin (BTC) Reacted   Cryptonews 1 giorno fa

Fed Cuts Rate by 50bps, Surprises Market With Dovish Dot-Plot – Here’s How Bitcoin (BTC) Reacted   📉

USA Bitcoin

Bitcoin (BTC) exhibited choppy yet bullish price movements following the Federal Reserve's decision to cut interest rates by 50 basis points to a range of 4.75-5.0%.

The Fed also signaled further interest rate reductions for 2025 through an updated dot-plot, which came as a surprise to market expectations.

Source: cryptonews.com ↗

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