The Fed cut rates by 25 bps. How did the crypto market react?
The Federal Reserve has cut its benchmark fed funds rate range by 25 basis points to 4%-4.25%, in its first reduction since December 2024. How did the crypto market react to the dovish Fed outlook? CoinDesk’s Jennifer Sanasie breaks it down in a special “CoinDesk Daily” from Rio de Janeiro.
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.