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CoinGape 2024-09-23 06:48:21

The Federal Reserve’s interest rate cut “triggered” a rise in cryptocurrency prices, and the spring of CrytocoinMiner has arrived.

On September 18, the Federal Reserve announced that it would cut its benchmark interest rate by 50 basis points to 4.75%-5.00%, the first time in four years, in line with Wall Street expectations. This decision has a significant impact on various financial markets, including cryptocurrencies. Historically, lower interest rates tend to push up asset prices The post The Federal Reserve’s interest rate cut “triggered” a rise in cryptocurrency prices, and the spring of CrytocoinMiner has arrived. appeared first on CoinGape .

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