Bitcoin, XRP, Dogecoin Drop Rapidly After Fed Cuts Interest Rates🧐👇👇
$XRP $BTC $DOGE
Bitcoin, XRP, Dogecoin Drop Rapidly After Fed Rate Cut
Bitcoin fell after Federal Reserve Chairman Jerome Powell said the central bank will cut interest rates at a slower pace in the new year.
Bitcoin and other major assets like Ethereum, XRP and Dogecoin fell rapidly after Federal Reserve Chairman Jerome Powell spoke and announced an expected interest rate cut. The move appeared to push investors away from “risky” assets like cryptocurrencies and U.S. stocks after the central bank announced it would not cut interest rates sharply in 2025.
