The digital asset market lived on a roller coaster after the US Federal Reserve announced the week it closed on September 19th. Entity’s President Jerome Powell cut interest rates at 25 base points, and he was subsequently re-registered shortly after Bitcoin (BTC) fell from 116,000 to $114,900.
According to Powell, the decision to cut interest rates corresponded to signs that moderate cooling of inflation and the labour market would continue to be strong. He added that the movement is “a step towards more neutral monetary policy.”
While the market is absorbing the Fed’s position, Altseason continued to integrate with structural forces. Solana (Sol) starred in this upward cycle, breaking historical records with a market capitalization of over $1300,000 million despite the fact that its unit price did not reach historic maximum due to the inflation model.
In Latin America, new digital trenches need to be fake. Venezuela, for example, is being built as a case study that manages 47% of payments under $10,000 driven by hyperinflation and devaluation of Bolivar.
However, increasing adoption poses security challenges and highlights the importance of financial education. In Spain, the national police dismantle the organization They used cryptocurrency for billionaires scams, pretended to be a bank employee, and used advanced techniques to avoid detection.
The seizure of 30,000 euros of cash with 7,500 subterranean disease, affecting 273 people and with a loss of around 1 million euros, reinforces the important narrative that the inherent traceability of cryptocurrency networks could become a tool for justice. However, education and cybersecurity are essential shields in the market that attract both innovative and fraudsters.
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