The U.S. Federal Reserve Cuts Key Rate: How Will This Impact Bitcoin?

🟢The U.S. Federal Reserve (Fed) has lowered its target range for the key interest rate by 25 basis points, bringing it down to 4.5–4.75% annually. The decision aligned with market expectations and analysts’ consensus forecast.

🟢leading cryptocurrency maintained its position above the $76,000 level in response to the Fed’s decision. The total cryptocurrency market capitalization stands at $2.68 trillion. The future dynamics of risky assets now hinge on comments from Fed Chair Jerome Powell. A potential victory for Donald Trump in the U.S. presidential election could require a shift in Fed policy.