💣Breaking News: Fed Cuts Rates by 50bps to 5%

Everyone expecting the same what's new ? Market already priced in for 50bps.

The Federal Reserve has reduced interest rates by 50 basis points, now at 5%, a move widely anticipated by the market. This could increase demand for riskier assets like Bitcoin (BTC). However, given that the cut was expected, immediate market reactions may be muted. Stay tuned for further updates on BTC's performance.

$BTC