Bitcoin Reacts to Fed’s Rate Cut Decision

The U.S. Federal Reserve has decided to implement a 25-basis-point rate cut following its two-day meeting. This is in line with analysts’ expectations, which is why stocks and Bitcoin did not experience substantial volatility. Every major brokerage, including Goldman Sachs, Barclays, and BofA Global Research, predicted that the Fed would opt for a 25-basis-point cut.…