A White House economic analysis finds that banning stablecoin yield would provide negligible benefits to bank lending while costing consumers more in lost returns.
The bitcoin price fell to $86,000 over the weekend but has steadied to around $87,850 amid caution over Federal Reserve policy, recent liquidations, and technical pressure.
The Federal Reserve cut its benchmark interest rate by 25 basis points to 3.50%–3.75% to support maximum employment and curb somewhat elevated inflation amid moderate economic growth and slowing job gains.
The Federal Reserve cuts its benchmark interest rate by 0.25% today to 3.75%-4% The last time the Federal Reserve cut rates was in September 2025. There
The Federal Reserve lowered interest rates by 25 basis points to 4.00–4.25%, marking its first cut in years. Bitcoin rose slightly above $116,000 on the news, according to Bitcoin Magazine Pro.