đš $BTC PRICE PREDICTIONS as Fed Slashes Interest Rates by 50 Bps After Four Years đ„
Big moves coming!
The U.S. Federal Reserve just cut interest rates by 50 bps, bringing them down to 4.75%-5%. This is the first major cut in four years after a massive hiking spree.
The Fed says inflation is cooling, and theyâre looking at another 50 bps cut by December đ§. Thatâs not allâby the end of 2025, we could see rates fall by a full 1%.
đ„ What does this mean for crypto? Bitcoin (BTC) surged 1.4% to $61K right after the announcement but retraced a bit. Analysts expect a 2-3% swing in either direction.
Meanwhile, crypto-related stocks like MicroStrategy (MSTR) soared nearly 4%, with Coinbase (COIN) and Galaxy (GLXY) jumping 2-3% đ.
Arthur Hayes warns of potential volatility due to shrinking rate differences between USD and JPYâcould we see another crash like the August dip to $50K? Stay sharp, traders.
Get ready for some wild moves in the crypto market! đ°đ
#Token2049 #FOMC #BinanceLaunchpoolHMSTR #NeiroOnBinance #BTCâ
