#FOMCWatch LATEST BULLISH CRYPTO NEWS ๐ก
๐บ๐ธ The Fed has halted quantitative tightening + lowered interest rates โ Very good news for the crypto market โจ๏ธ
๐ฃ The Fed has just announced:
โ Interest rate cut of 25 basis points.
โ Halt of QT starting 1/12 (that is, no more money will be withdrawn from the market).
๐ What does this mean?
โ The market will become easier as there is no more liquidity withdrawal
โ Lower interest rates โ cheaper capital โ investors more willing to invest in risky assets
โ USD weakens โ Bitcoin usually rises during this period
โ Bitcoin funds are receiving strong cash flows, indicating hopes for price growth
โ The market expects The Fed to cut interest rates again at its meeting on December 9-10.
๐ The Fed is easing โ less money withdrawal โ Crypto has the potential to grow significantly by the end of 2025.
