Breaking: Fed Cuts Key Interest Rate By 25 BPS, QE to Start on Dec 1
The post Breaking: Fed Cuts Key Interest Rate By 25 BPS, QE to Start on Dec 1 appeared first on Coinpedia Fintech News
The Federal Reserve has initiated a cut on its key interest rate by 25 bps to 3.75%-4% as expected. The Fed, however, noted that it will stop shrinking its balance sheet on December 1, 2025.
Following the announcement, Bitcoin (BTC) and the wider altcoin market recorded a mild gain. Furthermore, the low interest rate amid anticipated Quantitative Easing (QE) will mean more liquidity and demand for crypto amid an anticipated parabolic rally.
Mastercard Goes All Into Web3 Via Acquisition of Zerohash for Nearly $2B
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Despite Lagging 42% Behind the Bitcoin Rally, Ethereum Is Set to Dominate the Next Market Cycle—Here’s Why!
The post Despite Lagging 42% Behind the Bitcoin Rally, Ethereum Is Set to Dominate the Next Market C...
Bitcoin Drops Below $110K After Fed Cut, Traders Accuse Binance of Manipulation
The post Bitcoin Drops Below $110K After Fed Cut, Traders Accuse Binance of Manipulation appeared fi...
