🔔 Crypto Update: The U.S. Federal Reserve has cut its benchmark rate by 25 basis points to 4.5%-4.75%, aligning with other central banks like the Bank of England and Sweden's Riksbank. This move comes as inflation shows signs of progress but remains above target.

- Bitcoin hit a new all-time high of $76,492, up 1.5% in 24 hours, while the CoinDesk 20 Index gained 4%.

- Investors are keenly watching Fed Chair Jerome Powell's comments on future monetary policy, especially after Donald Trump's election win.

What are your thoughts on how these rate cuts will impact the crypto market? Share in the comments! 📈💬