✅ As most expected Fed lowered the rate by 50 bps, it turns out the market had already priced everything in and the crypto saw only a small pump 🤏

Daily Digest:

🔸 The Fed has cut interest rates by 0.5%

🔸 BlackRock will launch an AI-focused fund with Microsoft worth around $30 billion

🔸 Today's rate cut by the Fed could add to inflation and strengthen the Japanese yen, crashing markets, said Arthur Hayes

🔸 BlackRock said its clients largely view Bitcoin as insurance against a possible U.S. debt crisis 😲

🔸 Donald Trump used Bitcoin to buy burgers at NYC bar