Fed cuts interest rate, Bitcoin experiences high volatility
In an unexpected move, the US Federal Reserve has announced a reduction in the reference interest rate by 0.25 percentage points, bringing it to 4.75%. This decision, which seeks to stimulate the economy amid a context of uncertain economic growth, has had an immediate and notable impact on financial markets, including cryptocurrencies.
Bitcoin, the world's leading cryptocurrency, has reacted with high volatility following the announcement. In the first hours after the rate cut, the price of Bitcoin experienced significant fluctuations, rising and falling in response to the expectations of investors and traders. In a short period of time, Bitcoin moved between $26,000 and $28,500, reflecting the uncertainty and adjustment of market expectations.
Analysts attribute this volatility to the influence that monetary policies can have on assets considered high risk and speculative, such as cryptocurrencies. The rate cut may increase appetite for alternative investments like Bitcoin, but it also introduces an element of uncertainty about how this policy will affect the economy in the long run.
Experts are closely watching how the cryptocurrency market adjusts to this new economic reality and how the Fed's monetary policy will influence future investment trends in digital assets.
