The main U.S. banks and experts have predicted that the Fed will likely implement an aggressive rate cut at today's FOMC meeting, and that its chairman, Jerome Powell, has likely indicated a potential slowdown in monetary easing. This comes as cryptocurrency traders are already considering a third rate cut this year, with the committee lowering rates again by 25 basis points (bp).
BTC
92,032.73
+2.03%
PAXG
4,357.77
+2.73%