Bitcoin’s value surged by 2.1%, moving from 94,134 USD to 96,180 USD after the Federal Open Market Committee (FOMC) released minutes indicating a potential slowdown in quantitative tightening.
The Federal Reserve may pause its balance-sheet reduction efforts, emphasizing the importance of maintaining maximum employment and monitoring inflation progress before any policy changes.
Futures markets are currently anticipating rate cuts by 2025, reflecting investor sentiment regarding the economic outlook.
Leave a Reply