The Federal Reserve surprised investors earlier this week by enacting an aggressive 50 basis point cut in benchmark interest rates, marking the first such move since March 2020. What happened: The dip in borrowing costs immediately boosted risky asset classes like cryptocurrencies, with Bitcoin (CRYPTO: BTC) spiking 7.7% since the announcement. Don't Miss: If you invested $100 in DOGE when Elon Musk first tweeted about it in 2019, here’s how much you’d have today. 1 in 4 Americans own a share of