📉 Breaking: Bitcoin Reacts to Fed's Rate Decision 📉

The U.S. Federal Reserve has reduced the benchmark interest rate by 25 basis points, in line with market expectations. Bitcoin responded with a slight dip, now trading around $103,729 on the Bitstamp exchange—a drop of over 1%.

Since the Fed initiated rate cuts in September, Bitcoin has rallied by more than 70%, but analysts warn of potential headwinds ahead. Persistent inflation concerns may prompt the Fed to delay further rate cuts until mid-2026, potentially impacting risk-on assets like Bitcoin.

All eyes are now on Fed Chair Jerome Powell’s press conference, as investors look for clues on the future direction of monetary policy and its implications for the crypto market.

How do you think $BTC will perform as the Fed adjusts its policies? Share your thoughts below!

Source: u.today