What Impact Will a 50 Basis Point Fed Rate Cut Have on the Crypto Market?

On September 19, 2024, the Federal Reserve announced a 50 basis point cut to the federal funds rate, lowering it to 4.75%-5.00%. This is the first rate cut since March 2020. The post What Impact Will a 50 Basis Point Fed Rate Cut Have on the Crypto Market? first appeared on HTX Square .