Fed Announces Third Rate Cut for 2019, Bitcoin (BTC) Still Uncertain

Fed Announces Third Rate Cut for 2019, Bitcoin (BTC) Still Uncertain

Cryptocurrency News Oct 31, 2019 06:41AM ET © Reuters. Fed Announces Third Rate Cut for 2019, Bitcoin (BTC) Still Uncertain The US Federal Reserve once again cut interest rates by a quarter percentage points, the third intervention for 2019. Thus, the basis interest rate has been lowered to a target of 1.5-1.75%.