$BTC US Federal Reserve Cuts Interest Rates by 25 bps

The U.S. Federal Reserve has reduced its benchmark interest rate by 25 basis points, bringing it to a range of 4.25%-4.5%. This decision aims to bolster economic activity amid slowing inflation. The cryptocurrency market reacted swiftly, with Bitcoin and Ethereum experiencing minor declines as investors assess the implications of increased liquidity on digital assets. This move signals a cautious shift in monetary policy, and market participants will closely monitor future Fed announcements.