Altcoins ‘hardly sold off’ as Fed casts doubt over future rate cuts
Federal Reserve Chair Jerome Powell says there’s “no need to hurry” on rate cuts — but this didn’t trigger much of a crypto sell-off, leading to one analyst to call a market bottom.
![Altcoins ‘hardly sold off’ as Fed casts doubt over future rate cuts](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDEvMDE5NGIzY2UtMTQ3Yi03OThjLTgyNDYtNTJjZGM4YjFjYjUx.jpg?#)
Federal Reserve Chair Jerome Powell says there’s “no need to hurry” on rate cuts — but this didn’t trigger much of a crypto sell-off, leading to one analyst to call a market bottom.