Fed’s Impact on Bitcoin: New Baseline Emerging?

The Fed and Bitcoin's New Baseline

Cryptocurrency enthusiasts and investors are eagerly awaiting the Federal Reserve's decision on interest rate cuts. The anticipation is high, with many expecting a possible significant 50 basis points (bps) cut, which means a reduction of 0.5% in interest rates. This decision holds the potential to redefine the baseline for Bitcoin and the broader crypto market.