Fed Rate Cut Fails to Boost Crypto Market as Expected

iconTechFlow
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
The crypto market showed little reaction to the Fed’s 25-basis-point rate cut on December 11, as the move was widely anticipated. Bitcoin and Ethereum ETFs saw inflows of $286.2 million and $209 million, but profit-taking kept gains limited. Traders remain cautious amid ongoing macroeconomic risks and a hawkish Fed. While the **crypto market** digests the rate decision, investors are turning attention to **altcoins to watch** for potential breakout opportunities.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.