🚨Smart traders 💵cash in as #Bitcoin tumbles after Fed’s 25 bps rate cut
The Federal Reserve delivered a widely anticipated 25-basis-point rate cut, lowering the federal funds target range to 3.75%-4.00% following its Oct. 28-29 meeting, Chair Jerome Powell confirmed on Wednesday.
The move, aimed at easing financial conditions, came as risk markets reeled from a wave of volatility that had already begun hours earlier.#USGovShutdown