The Bitcoin (BTC) market lived moments of uncertainty after the decision of the United States Federal Reserve (FED) to reduce interest rates, placing them by 4% from 4.25%.
The contribution of the digital currency showed an immediate reaction, falling from $ 116,000 to $ 114,900 in minutes. However, the currency managed to stabilize in the following hours, reaching $ 115,000 and, During the day today, he already climbed up to $ 117,000, reflecting an increase of 0.67% in the last 24 hours.
For its part, the Fed reported that it will maintain constant monitoring of economic indicators to evaluate future perspectives. The agency said that it is prepared to adjust its monetary policy if risks arise that compromise its objectives.
Besides, projected new sales in interest rates, estimating that they could reach 3.6% at the end of 2025; to 3.4% in 2026; and at 3.1% in 2027.
In his speech after the meeting of the Federal Open Market Committee (FOMC), the president of the FED, Jerome Powell, explained that the measure responds to the deceleration in the creation of employment and the rebound of inflation in recent months. Powell stressed that the decision is aligned with the double mandate of the Fed: Promote maximum employment and guarantee price stability.
It should be noted that the official had already anticipated a possible cut in August, during a convention, as reported by cryptootics.
Despite the initial volatility, the market reaction was surprising, since rates cuts usually boost Bitcoin by increasing liquidity. BTC stabilization and rebound reflect a moderate market response, which continues to evaluate the medium and long -term implications of the Fed monetary policy.