The regulatory body of monetary policy in the United States, the Federal Reserve (FED) released a new cut in interest rates.
As expected, as reported by CriptoNoticias this morning, the reduction was 25 basis points. The dollar interest rate remains, then, at 3.75% year-on-year (it was at 4.00% year-on-year before the announcement).
Although reductions in interest rates are usually beneficial for bitcoin (BTC), The market, for now, remains calm.
In approximately half an hour, Jerome Powell will give his traditional speech after the interest rate announcement. Depending on what he says, it could increase volatility in bitcoin and other assets.