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Crypto market remains bullish following Fed rate cut – TON BOT

Crypto market remains bullish following Fed rate cut

The Federal Open Market Committee (FOMC) cut the US interest rate by 25 basis points to 4.5%. Bitcoin rose by 1% to $76,644.57, Ethereum increased by 7.4% to $2,888.21, and Solana grew by 4.6% nearing $200. Tokens related to real-world assets protocols saw an 11% growth. The US equities market also saw gains before the rate decision. Fed Chair Jerome Powell stated that future rate decisions will depend on economic data and outlook, with no immediate impact from the recent election.


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