The Federal Reserve recently lowered interest rates by a quarter-point, impacting market sentiment. For Bitcoin, which thrives on liquidity and lower yields, this move could mark the start of a new upward trend. But the charts reveal a more complex picture. 25 basis points shaved off the benchmark rate to land at 3.75%-4%, signaling a shift from fighting inflation toward supporting employment. This is significant for risk assets like Bitcoin. Historically, every Fed pivot towards easier money has injected liquidity into the system since 2019 and in 2023 – leading to increased capital flow towards tech stocks and cryptocurrencies. But this time, the Fed’s hands are tied: inflation remains above target, and the economy is sending mixed signals. [This is a sentence that summarizes key points of the article without repeating information already present.]