For the third time this year, the US Federal Reserve has cut interest rates amid a global economic slowdown. Crypto markets did not react to the news but the outlook for the global economy is darkening as another recession looms. What does all of this mean for crypto though? Third Cut This Year This week the central bank dropped the benchmark federal funds rate by one-quarter point to a range between 1.5% and 1.75% accordingRead MoreThe post What Another Fed Rate Cut Means For Crypto? appeared first on Bitcoinist.com.
