The Fed’s Rate Cut Cushion Is Good News for Crypto

A key metric by which officials set rates shows the potential to cut rates by 175 basis points over the next nine months. If so, that’s likely to drive the prices of bitcoin and ethereum higher, says Scott Garliss. source: https://www.coindesk.com/opinion/2024/08/26/the-feds-rate-cut-cushion-is-good-news-for-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines