The Fed’s latest rate cut decision has flipped the macro switch for crypto traders. Following the 25-basis-point rate cut announcement, Bitcoin and Ethereum traders turned their attention to how prices react. Traders got the cut they wanted, but Powell’s hawkish tone in the presser muddied the outlook—which way will major go now?
Meanwhile, Digitap ($TAP) is quietly paving its way to mass adoption with a $1.2 million surge in its presale. It reached this milestone early, driven by a surge in new liquidity and rising investor confidence following Digitap’s partnership with Visa. Now, crypto analysts argue that $TAP could be the best cryptocurrency to buy now, and here’s how.
Fed rate cut 2025: What it means for crypto markets
On Wednesday, the Federal Reserve approved its second consecutive interest rate cut of 2025. With the decision to cut the rate down to a range of 3.75%-4%, analysts believe risk assets such as crypto could breathe back to life.
Source: X (Formerly Twitter)
However, Federal Reserve chairman Jerome Powell expressed doubt over another reduction coming in December, saying “A further reduction in the policy rate at the December meeting is not a foregone conclusion. Far from it.” in his post-meeting conference.
The reason for Powell’s uncertainty is that some key economic data could not be collected because of the US federal government shutdown. This lack of data could significantly affect the rate decision in December 2025.
Bitcoin and Ethereum price reaction analysis
The Bitcoin price reached a new all-time high in October, topping out at $ 126,000 before crashing back to $ 106,000. Meanwhile, Ethereum had been struggling to maintain strength below the key $4,800 resistance.
Both Bitcoin and Ethereum were trending lower on Wednesday, before the Fed’s decision, and continued to decline following the news of the rate cut. Analysts suggest that since the prices remained unaffected, the market had probably already priced in the rate cut.
Source: TradingView
The BTC and ETH charts show a striking resemblance this week, as both top cryptos have fallen to the support level in their ongoing range-bound price action. The Bitcoin price is rebounding from its 200-day moving average, while Ethereum’s price has bounced from its 150-day moving average.
Source: TradingView
Moving ahead, due to the dovish news and improving macroeconomics, both assets are expected to rise above their sideways range.
A breakout above the immediate resistances could lead to a sudden surge in BTC and ETH prices as capital flows back in. However, as the market faces uncertainty, both cryptos are sensitive to bearish headlines, which could lead to further correction.
Digitap leads banking innovation with Visa adoption
Backed by Visa integration, Digitap has positioned itself as the world’s first omni-banking platform. The project offers not just another exchange, but a complete financial ecosystem designed for the evolving digital economy.
Digitap is the only functional platform where crypto and fiat meet under the same interface. Its Global Money App is already live on the Google Play Store, connecting the unbanked population and enabling zero-restriction global payments.
Additionally, its no-KYC, Visa-backed physical and virtual cards are also live. Users can order physical cards for in-person payments at stores and to use at ATMs, or create unlimited virtual cards for executing anonymous transactions online.
The product is highly attractive to freelancers, businesses, and traders who need access to all of their funds.
Why $TAP could be the best cryptocurrency to buy now for BTC and ETH traders
While Bitcoin and Ethereum prices struggle to find direction, $TAP is breaking presale milestones, surpassing $1.2 million within weeks.
If BTC and ETH regain bullish strength and continue higher, it could drive the broader market into a bullish stance, potentially leading to a significant surge in the price of low-cap gems like $TAP. The token is currently available for $0.0268, but is set to increase to $0.0297 in the upcoming round.
The Digitap presale is offering its token at discounted prices, within a market window that appears ideal for investing in small-cap utility tokens. With the token listing price fixed at $0.14, early $TAP holders could be positioned for an explosive return by the end of 2025.
Digitap is Live NOW. Learn more about their project here:
Presale: https://presale.digitap.app
Website: https://digitap.app
Social: https://linktr.ee/digitap.app
Disclaimer: This is a paid post and should not be treated as news/advice.