ФРС понизила ставку до рекорда, Биткоин ощутил колебания, но остался в пределах $117 000 Translation: Fed Cuts Rates to Record Low, Bitcoin Experiences Fluctuations but Remains Around $117,000

On September 17, the Federal Reserve (Fed) made its first rate cut since December 2024, lowering the key interest rate by 0.25% to a range of 4% to 4.25%. This decision aligned with investors’ expectations, and the market reaction was muted.

“The latest data indicates a slow down in economic activity during the first half of the year. Job growth has diminished, and the unemployment rate has slightly increased, although it remains low. Inflation has risen and continues to stay elevated,” the regulator stated.

In light of this announcement, the price of Bitcoin briefly fell below $115,000. However, at the time of writing, it had rebounded to $117,000.

Ethereum’s price rose by 0.9% in the last 24 hours, reaching $4,560.

Among the top 10 cryptocurrencies by market capitalization, the most significant gains were seen in Solana, Dogecoin, and Cardano. Additionally, BNB set a new all-time high of $994 on September 18.

The Fear and Greed Index remains in the «neutral» zone, having adjusted by one point to 52 over the past 24 hours.

During a press conference, Fed Chair Jerome Powell stated that the Federal Open Market Committee (FOMC) did not reach a consensus on the future easing of monetary policy.

“Ten of the 19 committee members anticipate two or more rate cuts by the end of the year, while nine predict either fewer cuts or none at all,” he remarked.

According to the median forecast from the Fed’s quarterly economic outlook review, the rates are expected to be as follows:

Prior to the regulator’s meeting, experts had differing views on the impact of the Fed’s decision on Bitcoin. Tom Lee, co-founder of Fundstrat and chairman of BitMine, predicted a “massive rally” for Bitcoin and Ethereum in the upcoming quarter.

The expert indicated that the price of digital gold could reach $200,000 by the year’s end.

Crypto analyst Ted Pillows projected a correction for Bitcoin to $92,000 before the next surge.

Economist Thomas Perfumo from Kraken Exchange believes the market will show growth but not at this moment. He thinks that further cuts to the key interest rate will be crucial for digital assets.

“Investors anticipate a normalization of rates in the 3% to 3.5% range. Given the nonlinear impact on asset prices, the next cut of 100 basis points could have a more significant effect than the last one,” he commented to The Block.

Lastly, the co-founder of the ETH Strategy protocol, known as Clouted, declared the “uselessness” of the dollar amidst the rising Bitcoin prices.