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The Fed Slashed Rates. Here’s Why Crypto Prices Tumbled Anyway

The Fed Slashed Rates. Here’s Why Crypto Prices Tumbled Anyway

The U.S. Federal Reserve announced a 25-basis-point rate cut on Wednesday, but crypto prices
still slumped. A lower federal funds rate makes borrowing costs more affordable, stimulating financial ac… [+1963 chars] The U.S. Federal Reserve announced a 25-basis-point rate cut on Wednesday, but crypto prices still slumped. A lower federal funds rate makes borrowing costs more affordable, stimulating financial ac… [+1963 chars] Conor King Devitt Gizmodo.com
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