FED Lowers Interest Rates As Expected – A Positive Signal For Crypto Market

The US Federal Reserve (FED) has officially lowered interest rates by another 0.25%, bringing the actual interest rate from 4.75% to 4.5%, completely in line with the market's previous forecast. This is a positive signal for the cryptocurrency market, as expectations for loose monetary policy continue to be reinforced.

Currently, Bitcoin (BTC) price is still fluctuating strongly, continuing to "sweep" Long and Short in the context of unstable liquidity. However, with this information, market sentiment may be more positive, supporting $BTC and major coins such as $ETH and $XRP to develop.

More importantly, in just 30 minutes, the FOMC press conference will take place – where investors expect clearer signals on the direction of monetary policy. If the FED maintains a cautious stance or leans towards deeper rate cuts, this could be a big “boost” for the crypto market in the near future.

Stay tuned!
#Mr_Pips