The Fed Is Set to Cut Rates, Boosting the Outlook for Crypto

The Fed Is Set to Cut Rates, Boosting the Outlook for Crypto

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Source: Coindesk.com

The federal funds rate is headed even lower.

Yesterday saw a huge shift for the investing landscape. Donald Trump was elected president of the United States for a second time. Wall Street responded to the news with a broad-based rally in risk assets. The major indexes, like the S&P 500 and Nasdaq Composite, and crypto currencies rocketed

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The post "The Fed Is Set to Cut Rates, Boosting the Outlook for Crypto" appeared first here Coindesk.com.

Source: Coindesk.com

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