The Federal Reserve's recent decision to cut interest rates by 25 basis points has sent shockwaves through the cryptocurrency market, with Bitcoin plummeting below $115,000 shortly after the announcement. This decline highlights the volatility and sensitivity of crypto assets to macroeconomic changes. As Fed Chair Jerome Powell discussed the current economic situation, many are left wondering how this will impact the future of cryptocurrencies. The market's immediate reaction raises questions about investor confidence and the potential for a rally in the coming months.

The Federal Reserve is expected to announce a 25 basis point interest rate cut today, which has market participants buzzing with anticipation. This decision could significantly impact the cryptocurrency market, potentially leading to increased investment and trading activity as lower rates often encourage riskier assets. Understanding how these changes affect crypto is crucial for investors looking to navigate the evolving financial landscape.