🇺🇸 The Fed Encourages with Rate Cuts
Federal Reserve Board member Christopher Waller stated that the regulator may lower interest rates at its meeting in July.
A rate cut could support the cryptocurrency market, which is facing uncertainty due to geopolitical and trade risks.
At the time of writing, BTC had lost about 1% and was trading around $103,400. Ethereum was down 3.5% at a price of $2,420, while most leading altcoins were in the red, showing a daily decline of 3-5% or more.