đ„ Breaking News: Fed Cuts Interest Rates by 50bps â A New Cycle Begins! đ
In a surprising move, the Federal Reserve has slashed the benchmark interest rate by 50bps to 4.75-5.0%, exceeding market expectations! This is the first rate cut since the Covid-19 era, signaling a potential shift in global markets. đ
At the time of the Fedâs decision, #Bitcoin surged by 2.6% to $61,318 before a slight correction. Is this the start of a new #CryptoCycle and ALT Season? đ
đź Whatâs next? With reduced interest rates, could this fuel another #Bitcoin bull run and boost the altcoin market? Will this create the perfect storm for a crypto rally? đȘïžđ°
đŹ Share your thoughts below! Will this be a turning point for the crypto market?
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