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Federal interest rate cuts this week may trigger a major bullish wave in the cryptocurrency market – find out the details now!
The impact of interest rate cuts on the markets
Although interest rate cuts may boost the bullish trend, risks such as inflation and a weak economy remain. The market's reaction will depend on the Federal Reserve's motivations.
Bitcoin is currently trading at $BTC between $116,000 and $119,210, while Ethereum's price fluctuates around $4,600 to $4,871 at $ETH . The market is experiencing cautious optimism as many traders wait for the Federal Reserve to announce its upcoming decisions.