BTC
Bitcoin, Ethereum Tumble After Fed Cuts Rates, but Powell Says Another 'Not a Forgone Conclusion'DecryptSOL
The Daily: Visa adding support for four stablecoins, Bitwise spot Solana ETF sees $69.5 million inflows on debut, and moreThe BlockBTC
Bitcoin, Ethereum Tumble After Fed Cuts Rates, but Powell Says Another 'Not a Forgone Conclusion'DecryptNews
Significance:
6/10
Bitcoin, Ethereum Tumble After Fed Cuts Rates, but Powell Says Another 'Not a Forgone Conclusion'
https://decrypt.co/346555/bitcoin-ethereum-fed-interest-rate-cut
Mentions
People | |
Organizations |
Regions
Code | Name |
|---|---|
| US | 🇺🇸United States |
Sentiments
Target | Sentiment | Comment |
|---|---|---|
Bearish | Bitcoin prices dropped 1.3% following the Fed's rate cut and Powell's comments. | |
Bearish | Ethereum prices fell 2.7% in response to the Fed's rate cut and Powell's remarks. | |
Bearish | The Fed's rate cut and Powell's cautious stance on future cuts weighed on crypto markets. |