#Fed Officials Signal Rate Cut#
Signals from the Fed have eased the market a bit, but we haven't seen a clear rise in crypto.
The reaction on the exchange side was stronger.
Nasdaq has started to stir again, especially with expectations of an interest rate cut.
What happened?
Several Federal Reserve officials said, "inflation has slowed enough, a rate cut could be considered in September."
This is not a clear promise of a cut, but it clearly shows that the hawkish tone has been moved away from.
On the crypto side, especially BTC and ETH responded to this statement first with volume and then w
View OriginalSignals from the Fed have eased the market a bit, but we haven't seen a clear rise in crypto.
The reaction on the exchange side was stronger.
Nasdaq has started to stir again, especially with expectations of an interest rate cut.
What happened?
Several Federal Reserve officials said, "inflation has slowed enough, a rate cut could be considered in September."
This is not a clear promise of a cut, but it clearly shows that the hawkish tone has been moved away from.
On the crypto side, especially BTC and ETH responded to this statement first with volume and then w