Fed Cuts Rates by 0.25%, Halts QT as Crypto Market Faces $795M Liquidation

Key Notes The central bank’s 10-2 vote set a new federal funds rate of 3.75% to 4.00% amid limited economic data resulting from the government shutdown. Bitcoin saw a sharp decline of 2.55% following the announcement, with leveraged positions worth nearly $800 million liquidated on exchanges. Market analysts interpret the accommodative policy change as beneficial … Continue reading Fed Cuts Rates by 0.25%, Halts QT as Crypto Market Faces $795M Liquidation