Crypto Market Remains Unhinged by Feds 25bps Interest Rate Cuts

The Federal Reserve reduced interest rates by 25 basis points on December 18, setting a ceiling of 4.50%, as expected. While a rate cut is typically bullish for crypto, the market remains unimpressed.  Over the past 24 hours, cryptocurrencies have declined by 4%, reflecting concerns over the Fed’s projection of higher inflation in 2025 and plans for only two rate cuts next year. What Do the... source: https://beincrypto.com/fed-interest-rate-cuts-crypto-market-reaction/