🆕 Just Yesterday the Fed Turned the World Economy Upside Down! Bitcoin Is Just Starting to Grow
Yesterday, the #Fed lowered the interest rate by as much as 0.50% for the first time in 4 years. This event is extremely important for the entire global economy, since low rates stimulate the influx of liquidity into risky assets. Against this background, BTC has already broken through the monthly maximum at $63 thousand and if we talk about the long-term perspective, then this is just the beginning, because Powell personally stated that the Fed is ready to continue lowering the rate this year, but how this will actually affect #BTC and the entire crypto market.