I believe the recent 50 basis point interest rate cut by the US Federal Reserve will positively impact the crypto market both in the short and long term because interest rate cuts are aimed at stimulating economic growth by making borrowing cheaper and seeking higher returns in the crypto market.
Muthoot Finance shares surge over 6% after strong Q3 print
Muthoot Finance shares jumped 6.5% after reporting a 26% YoY net profit growth in Q3 to Rs 1,389 crore. Loan AUM hit Rs 1.11 lakh