**Breaking News: The Impact of FED Rate Cuts on Bitcoin 🚀**
- The FED has just cut interest rates by 25 basis points, sending the crypto world into a frenzy. The interest rate is now in the range of 4.5%-4.75% in response to slowing growth.
- Bitcoin surged to near record highs following the announcement. Interest rate cuts are often seen as an investment opportunity in risky assets like Bitcoin.
- All eyes are on Jerome Powell, the FED Chairman, who will be giving a press conference. His words could sway the market, especially with the economic policies of newly elected Donald Trump.
- Trump's policies, such as tariffs and fiscal expansion, could affect the FED's strategy. If inflation increases, the FED may have to reconsider its interest rate cuts.
- Moving forward, the FED's decisions will be closely watched by Bitcoin traders. Every move by the FED is now part of a big game in the financial world. 📈