Bitcoin prices react to Fed’s cuts: Bitcoin prices are experiencing fluctuations driven by recent Federal Reserve developments. The rate cut can lead to favorable regulatory changes, particularly with Donald Trump soon taking office, likely promoting pro-cryptocurrency officials in influential positions.
Inflation trends support market dynamics: October’s inflation exceeded expectations, prompting market reactions. The Federal Reserve projected a median interest rate of 3,375% over the next two years, with unemployment anticipated at 4.3% by 2025, influencing Bitcoin and broader markets.