#BlockchainNews 🚀
Bitcoin prices rose 3.5% to $62,417.48 after the Federal Reserve cut interest rates for the first time in four years. 📈 However, as the market digested the news, Bitcoin and related stock prices fell back. Coinbase and MicroStrategy rose 5% each.
The Bank of Japan may keep its policy rate unchanged, but signs of a rate hike may trigger a reversal of the yen carry trade, affecting the crypto market. What do you think? Welcome to discuss in the comments section! 💬