Crypto Market Faces Uncertainty Amidst Fed Rate Cut

The recent U.S. Federal Reserve rate cut has sent ripples through global markets, with cryptocurrency’s volatility taking center stage. Santiment, a market analytics firm, warns that this move could signal potential instability in the digital asset market. While lowering borrowing costs typically boosts investment activity, experts suggest that these measures can also destabilize assets during times of economic uncertainty, particularly impacting cryptocurrencies known for their price swings.