Bitcoin reacted cautiously to the Fed's rate cut.

On October 29, the Federal Reserve System of the USA (Fed) lowered the key rate for the second consecutive time by 25 basis points to 3.75-4%.
"The available indicators suggest a moderate growth in economic activity. Employment growth has slowed this year, and the unemployment rate has risen slightly but remained low until August; later data confirms this trend. Inflation has increased since the beginning of the year and remains somewhat high," the press release states.
The results of the meeting met investors' expectations, and the market reaction was insignificant. The bitcoin chart shows volatility and high trading volumes, but without any drastic change in the rate.