Bitcoin’s December Dilemma: FOMC Split on Rate Cut Raises Uncertainty for Altcoins

The Federal Reserve delivered a widely anticipated 25 basis point interest-rate cut on October 29, lowering the target range to 3.75%-4.00%. What surprised markets, however, was Chair Jerome Powell’s statement that a further cut in December is “not a foregone conclusion.”  To be more precise, he stated: “A further reduction in the policy rate at […] Read The Full Article Bitcoin’s December Dilemma: FOMC Split on Rate Cut Raises Uncertainty for Altcoins On Coin Edition.