The interest rate cut decision by the US Federal Reserve (Fed) after 4 years has revived the cryptocurrency and stock markets. According to analysts, the interest rate cut will have a positive impact on the markets due to macroeconomic factors. Bitcoin is currently 144% away from its all-time high and is expected to reach $80,000 in the coming weeks.

High entry to crypto funds

It was announced that there was a net inflow of $321 million into cryptocurrency funds last week. Record levels of correlation are observed between cryptocurrencies and US stocks. It is predicted that the prices of risky assets will increase further after the Fed's decision. David Lavant, Director of Falcon X Research, believes that a new bull market is imminent.

Surprising ETH sale on Ethereum

In the Ethereum front, the sale of Ether worth $763,000 by the foundation drew attention. Investors note that there is a positive sentiment in the cryptocurrency market. On the other hand, the SEC approved BlackRock's Bitcoin ETF options trading, which created new opportunities in the crypto markets.

Hamster Kombat received a reaction

Finally, the Hamster Kombat team launched a 60 billion token airdrop, but users were not satisfied with the rates in the first stage. While the new decisions taken by the CMB affect the crypto ecosystem, the separation of customer assets from platforms and marketing restrictions came to the agenda.

This article does not contain investment advice or recommendations. Every investment and trading activity carries risks, and readers should conduct their own research when making decisions.