Fed Rate Cuts Fuel Market Optimism for Altcoins

Recent interest rate cuts by the Federal Reserve have ignited excitement in the market, with some analysts predicting a potential boost for altcoin prices. These rate reductions come as former President Donald Trump voiced disappointment regarding the pace of cuts and his wish for deeper reductions. While these expectations remain unconfirmed, the impact is already being felt in the crypto sector, particularly among Chainlink (LINK) and Ripple (XRP), which could see significant growth this weekend.