At its October policy meeting, the Federal Reserve cut interest rates by 25 basis points to 3.75 percent–4.00%, perfectly matching Wall Street forecasts.
This suggests a gradual shift toward looser monetary policy, which could boost riskier assets like stocks and cryptocurrencies. Liquidity typically returns to the markets as borrowing costs decrease, preparing the ground for renewed bullish momentum.
Traders, prepare for a surge in short-term volatility, but this rate cut could also signal the start of a crypto recovery.
Now, $BTC $ETH and $BNB are the focus of everyone's attention; a strong recovery from the current levels could start a new uptrend in the entire crypto market.
