Bitcoin, Ethereum, Dogecoin Pump 5%: Here's What Wednesday's Fed Rate Cut Decision Could Mean For Crypto

Cryptocurrency markets are bracing for the Federal Reserve's decision on Wednesday whether to cut interest rates by 25 or 50 basis points. What Happened: Jim Bianco of Bianco Research in an interview with Natalie Brunell emphasized the importance of understanding where the “neutral” funds rate is — the rate that neither stimulates nor restricts the economy.

Source: benzinga.com

Related symbols: BTCUSD

2024-09-17 17:29:02 GMT.