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The Federal Reserve has taken a significant step in cutting interest rates by 25 basis points, a move that is expected to boost market hopes and potentially drive growth in the economy. This decision was in line with market expectations and is likely to provide additional liquidity to the financial system.
According to experts like André Dragosch of Bitwise, the increase in liquidity could result in investors shifting their focus from more stable assets like Bitcoin towards riskier altcoins. However, Haider Rafique of OKX emphasizes that the Federal Reserve’s decision also signals ongoing vigilance regarding inflationary pressures.
Source: www.crypto-news.net
