Breaking: Fed Cuts Key Interest Rate By 25 BPS, QE to Start on Dec 1

Coinpedia 3 hours ago 141

Tom Lee Says Bitcoin, Ethereum, and NASDAQ 100 Are Set to Soar After Fed Rate Cuts

The post Breaking: Fed Cuts Key Interest Rate By 25 BPS, QE to Start on Dec 1 appeared first on Coinpedia Fintech News

The Federal Reserve has initiated a cut on its key interest rate by 25 bps to 3.75%-4% as expected. The Fed, however, noted that it will stop shrinking its balance sheet on December 1, 2025.

Following the announcement, Bitcoin (BTC ($111,556.00)) and the wider altcoin market recorded a mild gain. Furthermore, the low interest rate amid anticipated Quantitative Easing (QE) will mean more liquidity and demand for crypto amid an anticipated parabolic rally.

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