Bitcoin price recovered from a dip below $100,000 Thursday morning in New York after the Federal Reserve announced its rate cut of 25 basis points. CoinDesk's Christine Lee breaks down what the Fed's ...

Bitcoin price recovered from a dip below $100,000 Thursday morning in New York after the Federal Reserve announced its rate cut of 25 basis points. CoinDesk's Christine Lee breaks down what the Fed's hawkish outlook could mean for digital assets on the "Chart of the Day."

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Fed's Hawkish Outlook Plunges Bitcoin, Crypto Markets

Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in the new year.

Bitcoin, XRP and Dogecoin Fall Fast After Federal Reserve Cuts Rates

The Federal Reserve reduced interest rates by 25 basis points on December 18, setting a ceiling of 4.50%, as expected. While a rate cut is typically bullish for crypto, the market remains unimpressed....

Crypto Market Remains Unhinged by Feds 25bps Interest Rate Cuts

The crypto market witnessed a significant downturn, erasing over $850 million due to liquidations. This event followed the Federal Reserve’s announcement of a 25 basis point reduction in its benchmark...