#Fed cuts interest rates by 50 basis points# The Fed just cut interest rates, and it cut interest rates by 50 basis points at one time.
This shows that there must be major problems in the current US economy and finance, otherwise the Fed would not have cut interest rates by 50 basis points right away.
This news will trigger a short-term rebound in many varieties
The most obvious one is ETH
As we all know, BTC is stronger than ETH. Recently, ETH has continued to fall, but BTC has already risen above 60,000
The news also caused ETH to rise slightly, and it is expected to stabilize above 2,400
