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The reduction was expected last month, so where is the surprise and controversy in the matter!!!
The reduction was expected last month, so where is the surprise and controversy in the matter!!!
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“The Fed’s Final Decision for 2024: 25 Basis Point Rate Cut… How Will It Shake Up the Cryptocurrency World?”
In a new move, the US Federal Reserve announced today, December 18, a 25 basis point cut in interest rates, to 4.50%. This decision comes in the last session of the Federal Reserve this year, indicating a new strategy that could transform the global economy.

Positive effects on cryptocurrencies:

1. Increased attractiveness of risky assets: Lower interest rates weaken the attractiveness of bonds and bank deposits, pushing investors towards higher-yielding assets such as cryptocurrencies.
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