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The Fed Is Set to Cut Rates, Boosting the Outlook for Crypto

As well as Trump's victory, the digital assets industry can also expect an easier monetary environment, says Scott Garliss.

By Scott Garliss |Edited by Benjamin Schiller

Updated Nov 7, 2024, 3:45 p.m. Published Nov 7, 2024, 3:45 p.m.

WASHINGTON, DC - SEPTEMBER 17: A statue of an eagle is seen on the Federal Reserve building on September 17, 2024 in Washington, DC. Federal Reserve Chairman Jerome Powell will hold a news conference tomorrow and make an announcement pertaining to interest rates. (Photo by Anna Moneymaker/Getty Images) — (Anna Moneymaker/Getty Images)