Bitcoin, Ethereum Tumble After Fed Cuts Rates

The cryptocurrency market reacted negatively to recent economic developments, with Bitcoin and Ethereum both seeing a tumble in their prices. This downturn follows the Federal Reserve's decision to cut interest rates. However, the market's path forward remains uncertain as Fed Chair Powell stated that another rate cut is 'not a forgone conclusion'. This cautious stance from the central bank comes alongside broader economic indicators, including recent jobs data, which suggest a slowing economy, potentially influencing investor sentiment across financial markets, including digital assets.