From Yahoo Finance.: 2025-06-03 13:18:00

Federal Reserve Bank of Atlanta President and CEO Raphael Bostic hinted at a possible single rate cut in 2025. The crypto market showed a muted response to this news. The total crypto market cap was $3.32 trillion, up 1.8% on the day, with Bitcoin trading at $105,277.65. Bostic emphasized the need for patience in monetary policy and mentioned the possibility of a rate cut based on resolving uncertainty. This uncertainty stems from Trump’s tariff policy and its impact on jobs and prices. Inflation remains above the Fed’s 2% target. Bostic is cautious about immediate rate cuts and the next FOMC meeting is on June 17-18. The crypto market, previously unaffected by macroeconomic trends, now reacts strongly to Fed decisions. A potential rate cut is expected to boost the crypto market.



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