Fed Cuts Rates, BTC Calms at $116K, BNB Hits $1K, and XRP ETF Goes Live: Your Weekly Crypto Recap

It was another big week for financial markets, including crypto, as the US Federal Reserve finally cut the interest rates for the first time in 2025.
But first, let’s rewind to the previous week to explore how BTC behaved in the days leading to the Wednesday FOMC meeting. At this time last week, bitcoin’s price struggled below $115,000 before it jumped by a few grand and tapped $116,800 for the first time in nearly a month.
Fed Cuts Rates, BTC Calms at $116K, BNB Hits $1K, and XRP ETF Goes Live: Your Weekly Crypto Recap

It was another big week for financial markets, including crypto, as the US Federal Reserve finally cut the interest rates for the first time in 2025.
But first, let’s rewind to the previous week to explore how BTC behaved in the days leading to the Wednesday FOMC meeting. At this time last week, bitcoin’s price struggled below $115,000 before it jumped by a few grand and tapped $116,800 for the first time in nearly a month.