BITPRISMIA
The US stock market rebound signals optimism for investors and may positively influence the cryptocurrency market by fostering a 'risk-on' environment, though the relationship between the two markets is nuanced.
U.S. President Donald Trump's prediction of a September Fed rate cut has sparked market interest, though its reliability remains uncertain as it lacks official confirmation from the Federal Reserve.
The U.S. Federal Reserve maintained the federal funds rate at 4.25%-4.50%, aligning with market expectations and providing stability for borrowing costs, investments, and cryptocurrency markets.