An increase in the Fed rate is considered bearish for the crypto market as it constrains the flow of funds into the market, while a rate cut is seen as bullish as it boosts risk appetite among investors.
Bitcoin(BTC)$94,598.00-2.63%
Ethereum(ETH)$3,261.05-2.92%
Tether(USDT)$1.00-0.04%
XRP(XRP)$2.18-2.83%
BNB(BNB)$644.61-3.32%
Solana(SOL)$179.02-1.88%
Dogecoin(DOGE)$0.309058-3.74%
USDC(USDC)$1.00-0.06%
Lido Staked Ether(STETH)$3,257.95-2.58%
Cardano(ADA)$0.88-3.00%