Bitcoin and Ether Prices Stabilize Amid Fed Rate Cut Expectations
After a surge in early January, Bitcoin and Ether prices have stabilized, influenced by market expectations regarding potential Federal Reserve rate cuts. The movements in the crypto market are reportedly tied to these expectations and a rally observed in global government bonds. This suggests that macroeconomic factors and monetary policy decisions are playing a role in shaping the price action of leading cryptocurrencies.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.