Federal Reserve Signals July Rate Cut, Boosting Crypto Market
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币界网报道：The Federal Reserve has signaled a potential interest rate cut in July, sparking optimism in the crypto market. Fed Chair Jerome Powell emphasized a cautious approach, citing progress on inflation but noting the need for more data before easing policy. Bitcoin and Ethereum surged over 3% following the announcement, as traders anticipate lower rates boosting risk assets. Analysts suggest the Fed's dovish stance could further fuel crypto adoption, with institutional investors eyeing digital assets as hedges against monetary easing. Market watchers now focus on upcoming economic indicators to gauge the timing and scale of potential rate reductions.
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