US Federal Reserve Interest Rate
Interest rate is considered as the cost that is charged to the borrower for the depreciation of money over time. This depreciation can be caused by factors such as the time value of money and the inflation rate. Central banks use interest rates as a tool to manage the supply and demand in the economy.

According to a report published on the Forexfactory website, on the evening of December 18 (28 Azar), the Federal Reserve (Fed) reduced the interest rate by one notch, increasing it from 4.75% to 4.5%. Following this decision, the price of Bitcoin decreased.

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