As expected...!
📉 The US Federal Reserve has cut interest rates by 0.25%, bringing the rate to 4.25% to 4.50% per year.
This reduction aims to control inflation while promoting economic stability.
💡 The impact of this on cryptocurrencies could be significant:
with lower interest rates, investors tend to seek riskier alternatives with higher potential returns, such as the crypto market. This could attract more capital to this sector, further boosting the adoption of digital assets! 🚀