Bitcoin Tumbles 4% on News of the Federal Reserve's Latest Rate Cut. Should Investors Be Concerned?

Key Points Interest rate cuts are generally good for the crypto market, but Bitcoin is falling after the Fed announced a rate reduction yesterday. The Fed reduced benchmark interest rates by a quarter point, but investors are feeling less confident about a rate cut in December. The crypto market can see big swings in conjunction with macroeconomic news, but investors shouldn't overreact to recent pricing trends. 10 stocks we like better than Bitcoin › The Federal Reserve announced another 25-basi ...