Crypto Markets Rise on Fed Dovishness

Core Viewpoint - The Federal Reserve has reduced its benchmark fed funds rate range by 25 basis points to 4%-4.25%, marking its first reduction since December 2024, which has implications for the crypto market [1] Group 1 - The Fed's dovish outlook has led to a notable reaction in the crypto market, as analyzed by CoinDesk's Jennifer Sanasie [1]