Crypto Surge Explained: Dovish Fed Stance, No Rate Cuts, and Wall Street Pepe Reaches $64.5M Mark
The recent Federal Open Market Committee (FOMC) meeting ended positively, revealing no rate cuts and an optimistic view on the labor Market. Bitcoin surged to $105,000, boosting the total crypto Market cap from $3.45 trillion to $3.6 trillion. The Fed is focusing on economic growth instead of aggressively tackling inflation, with interest rates steady at ...