Fed Cuts Rates, But Powell’s Warning Sends The Crypto Market Lower
Fed Chair Jerome Powell’s assertion {that a} December rate of interest reduce is “far” from sure has stirred monetary markets. The US Dollar Index (DXY) surged to its highest degree since August. Meanwhile, main cryptocurrencies suffered declines regardless of the Fed’s newest charge discount. This response, described by analysts as a “hawkish reduce,” suggests the…
