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What are the Impacts of the US Fed Interest Rate Cut on the Crypto Market?

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In the latest FOMC meeting, President Donald Trump asked the Fed to lower interest rates so that it can stimulate economic growth, if interest rates are low then loan interest will be cheaper so that companies will take advantage of strong or excess cash flow to increase their operational capacity. For crypto traders and investors, this policy is a serious concern, because it will have a significant impact on the crypto market. So what impact will the US interest rate cut have on the crypto market?
 
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