### 🚨 Federal Reserve Cuts Interest Rates and Bitcoin Soars! 🚀
Last Wednesday (18), the Federal Reserve (Fed), the central bank of the United States, announced a 0.5 percentage point cut in the interest rate, taking it to the range of 4.75% to 5% per year¹. This decision surprised many economists who expected a smaller reduction of 0.25 percentage points.
#### Impact on Bitcoin 💹
The cryptocurrency market reacted quickly to the news. Bitcoin (BTC) registered a 5% increase, reaching its highest value since August, being quoted at more than US$ 63,000². The reduction in interest rates increases global liquidity and reduces the yield on US Treasury bonds, considered the safest assets in the world. This usually leads investors to seek higher risk assets, such as cryptocurrencies, boosting their prices.
Experts point out that the interest rate cut could signal more monetary easing in the future, which could continue to benefit the cryptocurrency market³. In addition, the reduced attractiveness of fixed income investments could lead more resources to assets such as Bitcoin, which is seen as a hedge against inflation and the depreciation of fiat currency⁴.
Keep an eye on upcoming market movements and seize the opportunities! 🌟