Dogecoin Hovers Near Key Support as Fed Easing Fails to Spark Risk Rally

Dogecoin traded quietly after the Federal Reserve delivered a widely anticipated rate cut, holding key support as traders assessed what easier policy means for risk assets. The Federal Reserve announced a 25-basis-point cut to its benchmark rate on Wednesday, lowering the target range to 3.5%–3.75%. While the move marked the third cut of the year, policymakers signaled growing internal disagreement. Some members supported further easing to protect a weakening labor market, while others warned that add ...