Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say Will Happen Next
The CoinDesk 20, a measure of the largest digital assets, is up 3.4%. Plus: Polymarket traders have their money on four to five more rate cuts this year.
The Federal Reserve implemented a 50 basis point rate cut, with expectations of further reductions to bring the median benchmark rate to 4.4% by year-end.
Despite the rate cut, market sentiments are mixed with some skepticism about...