Altcoins soar, Bitcoin stalls as Fed rate cut speculation hits fever pitch

A simmering crypto rally boiled over into a full-blown frenzy during late US trading hours on Tuesday, after Treasury Secretary Scott Bessent dropped a bombshell suggestion that sent shockwaves through the market: the Federal Reserve should consider an aggressive 50 basis point rate cut. source: https://coinjournal.net/news/altcoins-soar-bitcoin-stalls-as-fed-rate-cut-speculation-hits-fever-pitch/