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- Fed cuts, Bitcoin shrugs ✂️
Fed cuts, Bitcoin shrugs ✂️
The Federal Reserve cut interest rates by 25 basis points and forecasts there'll be two more cuts this year.

📝 What you need to know
So far, it looks like Bitcoin traders had sufficiently priced in a Fed interest rate cut.
The Federal Open Markets Committee approved a 25 basis point cut on Wednesday, forecasting two more cuts before the end of the year. Keep in mind that because it’s already September, there are only two more FOMC meetings—in October and December—before the end of 2025.
The news didn’t do much for Bitcoin, which is currently trailing yesterday’s price by 0.6%, although it has gained 0.3% in the past hour, according to price aggregator Coingecko.
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