
Bitcoin and the crypto market braced as economist warns on the Fed cuts
Bitcoin and the broader crypto market are on edge as a top economist, whom Donald Trump nominated to the Federal Reserve in 2019, downplayed the impact of the upcoming interest rate cut. Summary Stephen Moore, a top US economist, has downplayed the impact of the coming Federal Reserve interest rate cut. He believes that the main interest rate that the Fed should cut is the Interest on Reserves. The main potential catalyst for the crypto market will be the October ETF approvals. Bitcoin (BTC) price was trading at $112,645 at press time, up by 3.7% from its lowest level this…








