The US Federal Reserve took a decisive step on Thursday by lowering its benchmark interest rate by 25 basis points, bringing it to a range of 4.5%-4.75%. The move, coming a day after Donald Trump’s election victory, immediately propelled the crypto market to new highs, with Bitcoin hitting an all-time high of $76,951.
The article The Fed gives in on rates: Has the time for the crypto bull run come? appeared first on Cointribune.
