FED officially cut interest rates by 0.5% and plans to cut interest rates again this year.
FED officially cut interest rates by 0.5% and plans to cut interest rates again this year.
The FED played big this time, when increasing, it kept dropping by 0.25%, making investors wait until the peak like the previous increases.
The sharp decrease of 0.5 makes investors hesitate, when both stocks and cryptos do not have much change in price compared to the previous trading day.
With the inaction before HOT information, perhaps in the next few days, the market will continue to be boring, lulling investors to sleep.
At this time, those who are bullish should just BUY, altcoins have been swum for 6-7 weeks, there are signs of accumulation. Those who are worried about RECESSION should rest. Do other jobs to reduce pressure.