🔥 Fed lowers interest rates and Bitcoin goes crazy 👀
Today the FOMC meeting took place, where the Federal Reserve (#FED ) of the United States made the decision to reduce the #tasasdeinteres by 50 basis points, a fact that occurs for the first time in 4 years. The price of #Bitcoin❗️ reacted with a high #Volatilidad at the beginning.
On September 18, the FED did what some economists predicted and is the reduction of reference rates of federal funds to a lower range of between 4.75% and 5%. According to a statement from the FED, this decision was made due to recent indicators of economic activity and inflation close to 2%.
On the question of whether there will be future interest rate cuts, the FED comes out to declare that everything will depend on the following economic data. Meanwhile, Bitcoin's #precio surpassed the $60,000 mark after the announcement, we'll see how it continues in the following days.
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