The Federal Reserve has cut the Fed rate by 50 basis points, citing sustained economic growth and closer to target inflation. This news has led to a positive reaction in the cryptocurrency sector, with investors watching closely for the Fed's next steps. Financial analyst John Bollinger notes that the rate adjustments should be seen as a return to normalcy rather than just monetary policy easing. While there are no signs of a recession according to Fed Chair Jerome Powell, there are risks from the Nasdaq and S&P500 potentially experiencing a normal correction, which could lead to a decline in Bitcoin.



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