Jerome Powell’s Rate Cut Drives Crypto Prices Down
December 19, 2024 at 10:40 AM GST updated: December 19, 2024 at 10:32 AM 2 mins read News The Federal Reserve reduced the federal funds rate to 4.25%-4.5%, observing its third rate cut in 2024. Powell confirmed no fixed timeline for future rate changes, stressing data-driven decisions and economic conditions. BTC dropped 3.91% to $101,341,…