Home
/ Insights
Crypto Newsfeed
Master
reply

Fed cuts rate to 4.25%, but MAJOR cryptocurrencies continue decline

Interest rates impact markets: The Federal Reserve’s recent interest rate cut by 25 basis points aims to manage inflation and support markets. However, after the cut, the cryptocurrency market fell by 2.62%, with Bitcoin (BTC) dropping by 2.65%.

Cryptocurrency performance: MAJOR cryptocurrencies such as Ethereum (ETH) fell by 2.30%, XRP declined by 4.69%, and Solana (SOL) dropped 5.15%. Analysts indicate that the rate cut may have minimal effect on Bitcoin’s recovery.

This is community-generated content, not advice from ONUS.
1
heart
reply
share
 
send
ONUS
ONUS
Trusted by
4 Million +
Users
Sign up receive 10$
Trending coin
Top gainers
Price Prediction
How to buy
Research