Nov 8, 2024
Nov 8, 2024
FED rate cut to 4.5-4.75%, a move expected to impact markets and economic growth.
BTC jumps after the Fed’s rate cut, briefly hitting $76,766 before stabilizing around $76,650.
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Trump supports lower rates for growth, aligning with today’s Fed decision, though he's not directly involved.
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Powell stresses a balanced approach to growth, inflation, and a strong labor market.
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BTC price holds at $76,650 with decreased trading volume, signaling investor caution post-rate cut.
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