Has The Hour Of The Crypto Bull Run Arrived?
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The American Federal Reserve took a decisive step this Thursday by lowering its benchmark interest rate by 25 basis points, bringing it to a range of 4.5%-4.75%. This decision, coming on the heels of Donald Trump’s electoral victory, immediately propelled the crypto market to new heights, with Bitcoin reaching an all-time high of $76,951.
A Unanimous Decision in a Charged Political Context
The Fed made its second consecutive rate cut at its Federal Open Market Committee (FOMC) meeting, marking a significant shift in its monetary policy.
This unanimous decision…
