#MundoCryptoHoy
keeps rates high
Today, Wednesday, the U.S. Federal Reserve voted to keep its benchmark interest rate fixed in the range of 3.75% to 4%, refusing to lower the cost of borrowing.
• The impact: When rates don’t fall, credit remains expensive for businesses.
• Investors prefer to secure their money in U.S. Treasury bonds (which pay stable, safe returns) rather than risk buying stocks or cryptocurrencies, putting a damper on prices.$BTC
$NVDAB
keeps rates high
Today, Wednesday, the U.S. Federal Reserve voted to keep its benchmark interest rate fixed in the range of 3.75% to 4%, refusing to lower the cost of borrowing.
• The impact: When rates don’t fall, credit remains expensive for businesses.
• Investors prefer to secure their money in U.S. Treasury bonds (which pay stable, safe returns) rather than risk buying stocks or cryptocurrencies, putting a damper on prices.$BTC
$NVDAB