Crypto Markets Today: Bitcoin Stuck in Post-Fed Range as Altcoins Slump Deepens
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Bitcoin remains trapped in a range despite the U.S. rate cut, while altcoins and memecoins struggle to attract risk appetite amid shifting investor behavior.
[Federal Reserve's Goolsbee: Inadequate reserves will prevent setting rates as needed]
Federal Reserve's Goolsbee stated that if reserves are insufficient, the Federal Reserve will not be able to set interest rates at the desired level.
[Federal Reserve's Goolsbee: Takes Comfort from Market-Based Inflation Indicators]
Federal Reserve's Goolsbee stated that some comfort is derived from market-based inflation indicators, which is a source of optimism regarding the trajectory of price increases.
[Two new wallets spent 200,000 USDT to purchase 958,526 RAVE]
Two newly created wallets withdrew 300,000 USDT from Bybit to purchase RAVE, spending 200,000 USDT to buy 958,526 RAVE, with 100,000 USDT remaining.
[Federal Reserve's Goolsbee: Bond purchases aim to control interest rates, not monetary policy]
Federal Reserve's Goolsbee stated that bond purchases are intended to control interest rates, not monetary policy.
[Two newly created wallets withdraw 300,000 USDT from CEX to purchase RAVE]
Two newly created wallets (0x98DF and 0xEb2c) have just withdrawn 300,000 USDT from CEX to purchase RAVE.