FOMC July Meeting Recap: Rate Cut Likely in September!
The Federal Open Market Committee (FOMC) just released the minutes from its July meeting, hinting at a possible 25 basis points rate cut in September. With the US making strides toward its 2% inflation target, and unemployment on the rise, a rate cut seems likely.
đ Crypto Market Reacts! đ
Following the news, the entire crypto market cap jumped by over 2%! Bitcoin shot up more than 3%, Ethereum climbed over 2%, and altcoins like Cardano (ADA) and Avalanche (AVAX) also saw gains.
This surge has sparked optimism for a potential bull market comeback! Keep an eye on what happens next! đđ
$BTC #BTCđ #BTC⥠#BTCUSDTâĄ
