While the U.S. central bank officials left the Fed funds rate at 5.25%-5.5% on Wednesday concluding the December Federal Open Market Committee (FOMC) meeting, they projected the rate would come down to 4.6% by the end of 2024, indicating roughly three 25 basis point cuts.
BTC, the largest crypto asset, surpassed $43,000 by late U.S. afternoon hours, climbing almost 5% from below $41,000 earlier in the day.
[
add
]
[
|
|
...
]