📰 84 Weekly News (August 19 - August 25): FED Confirms Interest Rate Cut, Will It Uptrend Soon?
The cryptocurrency market is witnessing a new wave of price increases, with @Bitcoin leading the recovery. The main driving force comes from the FED's announcement of an upcoming interest rate cut plan, after a long period of maintaining a tight monetary policy. However, this wave of optimism was disrupted by rumors of the arrest of Telegram's Founder & CEO. This information created a wave of sell-offs for related coins such as $TON and $NOT, while causing a sense of concern (FUD) in the market, affecting some developing narratives.
Let's review the highlights of the past week with#Daily84in the article below🔽