In today’s briefing:
- Crypto Crisp: What’s with the U.S. Fed?
Crypto Crisp: What’s with the U.S. Fed?
- The past week was notably eventful, marked by the U.S. Federal Reserve (Fed) cutting interest rates for the U.S. Dollar by 25 basis points.
- However, the Fed struck a hawkish tone for the coming year, signaling fewer interest rate cuts than the market had anticipated.
- This shift unsettled investors, with the crypto market bearing the brunt of the reaction.