The Federal Reserve's 25-basis-point rate cut on December 11 failed to significantly impact the cryptocurrency market, as the move was largely expected by investors. Despite Bitcoin and Ethereum ETFs receiving inflows of $286.2 million and $209 million respectively, profit-taking activities limited any substantial gains.
Traders remain cautious due to persistent macroeconomic uncertainties and the Federal Reserve's hawkish stance. As the market continues to process the rate decision, investors are increasingly focusing on altcoins for potential breakout opportunities.
Fed Rate Cut Leaves Crypto Market Unmoved Amid Anticipation
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