List of Flash News about strong economic data
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2025-05-19 12:50 |
FED Signals Potential Rate Cuts After Strong Economic Data: Impact on Crypto Markets and Bitcoin Price
According to Crypto Rover, the Federal Reserve has stated that recent economic data has been very good, suggesting it may be time for interest rate cuts (source: Crypto Rover on Twitter, May 19, 2025). Lower interest rates historically drive capital inflows into risk assets, including cryptocurrencies like Bitcoin and Ethereum. Traders should closely monitor upcoming FOMC meetings, as potential rate cuts could trigger increased crypto market volatility and upward price momentum, especially for leading digital assets. |