#BNBBreaks1000

After a long wait, the U.S. Federal Reserve announced the first interest rate cut of the year, triggering a wave of positivity across the entire cryptocurrency market.

This decision, which lowered the interest rate by 25 basis points, is a strategic step to support the economy amid a slowdown in the labor market. Historically, lowering interest rates leads to increased liquidity in financial markets, encouraging investors to seek higher-yielding and riskier assets, such as cryptocurrencies.

BNB leads the way