Crypto Rally Stumbles After Fed Rate Cut: What’s Next for Bitcoin and the Market?
The impressive crypto rally seen throughout fall and early winter has hit a significant roadblock in the past 24 hours. While the Federal Reserve’s recent rate cut might seem like good news on the surface, the accompanying forecast paints a different picture. The Fed indicated that inflation and unemployment are expected to rise more than anticipated in 2025, prompting investors to pull back from riskier assets.