Oddbean new post about | logout
 Fed cuts rates by 25bps, fueling Bitcoin’s surge to new all-time high! 🚀 The Fed announces a 25bps rate cut, aligning with Powell's steady policy to reduce rates and support the economy. Bitcoin hits a new all-time high, and the rate cut may further fuel bullish sentiment in the crypto market. Chair Powell confirms Trump's victory won’t alter the Fed's ongoing rate reduction plans, maintaining focus on low inflation. #Fed #Bitcoin #RateCut #Crypto #AllTimeHigh