News Explorer — What Fed Rate Cuts Could Mean for Bitcoin

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Sep 17, 3:37 pm

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What Fed Rate Cuts Could Mean for Bitcoin

The Federal Reserve is expected to lower interest rates after raising them in 2022, which could have wide implications across major markets. Cryptocurrencies, like Bitcoin, have benefited from low interest rates in the past, as they are considered "risk-on" assets. The crypto market is closely watching the outcome of the Federal Open Market Committee meeting, as a rate cut could potentially boost digital assets.

The Federal Reserve is expected to lower interest rates after raising them in 2022, which could have wide implications across major markets. Cryptocurrencies, like Bitcoin, have benefited from low interest rates in the past, as they are considered "risk-on" assets. The crypto market is closely watching the outcome of the Federal Open Market Committee meeting, as a rate cut could potentially boost digital assets.

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