Interest Rates and Politics: The Secret Behind Bitcoin Volatility! đđ„
US Federal Reserve Rate Cut Dates (Last 5 Years):
1. July 31, 2019: đ First interest rate cut since 2008, to 2.00% - 2.25%.
2. September 18, 2019: đ New cut to 1.75% - 2.00%.
3. October 30, 2019: đ Reduced to 1.50% - 1.75%.
4. March 3, 2020: đ Emergency cut to 1.00% - 1.25% due to the Corona pandemic.
5. March 15, 2020: đ Another cut to 0.00% - 0.25%.
US Federal Reserve Rate Hike Dates (Last 4 Years):