The Fed Cuts Rates by 25bps, Bitcoin Steady For Now
The Federal Reserve finally blinked. On Wednesday, as almost everyone on Wall Street had already predicted, the U.S. central bank trimmed the federal funds rate by 0.25%, lowering its target range to 4.00%–4.25%. The move came against a backdrop of souring economic data, nervous investors, and relentless political pressure from Donald Trump, who has made Fed-bashing as routine as his morning tweets.
A Politicized Fed Meets a Crypto-Hungry Market
The U.S. Federal Reserve is set to cut interest rates on Wednesday, a move that would normally send crypto bulls charging. But this time, the central bank isn’t just tweaking monetary policy — it’s being dragged into a political knife fight that could reshape its independence, with serious consequences for digital assets.
Bitcoin Surges Past $107,000 Amid Anticipation of Fed Rate Cut, Analysts Eye Broader Drivers
Bitcoin soared beyond the $107,000 mark on Monday, continuing its bullish momentum as the market focuses on the Federal Reserve’s expected interest rate cut. While the central bank’s move is seen as a significant macroeconomic event, analysts view it as a confirmation of market sentiment rather than the primary driver of Bitcoin’s latest surge.
December Rate Cut Not a Sure Thing
Federal Reserve Chair Jerome Powell was cautious in a speech late Thursday signalling that a December rate cut is not set in stone
The Fed’s Rate Cut: Throwing Gasoline on the Bitcoin Bonfire
The Federal Reserve trimmed interest rates by 25 basis points, putting the new target range at 4.5% to 4.75%.
Crypto Markets Play a Waiting Game
Wary traders are waiting for more positive catalysts to emerge before committing to new positions