Featured article on What is the Federal Interest Rate? And How Does It Affect Cryptocurrency Prices?

The federal funds rate is one of the primary tools the Federal Reserve (Fed) uses to influence the U.S. economy. This rate essentially determines the cost of banks borrowing money, which impacts the economy as a whole including investment, inflation, employment, and even global financial markets. While its greatest impact is on traditional financial markets like stocks, bonds, and real estate, Fed interest rate decisions also have a significant impact on more volatile assets, like cryptocurrencies.