The Fed continues to cut interest rates by 25 basis points, but the crypto world has fallen. What’s going on?



From the perspective of the macro environment, a rate cut is beneficial for Bitcoin because interest rates have been continuously declining, leading to capital outflow from traditional finance in search of higher returns. However, this process takes time, and it may take a week or two for the benefits of the rate cut to become apparent. So let's let the bullets fly for a while and quietly wait for next month when BTC returns to 120,000.
BTC1.06%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
SprinklingSugarOnTheWorldvip
· 10-30 07:02
Steadfast HODL💎
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)