💬 According to 10X Research, “an indication of a rate cut on July 31 could push Bitcoin above $70 ,000.”
Investors would not expect the Fed to cut rates on Wednesday.
“Historically, the Fed waits 5 to 10 months between the last rate hike and the first rate cut; the current 12-month pause is one of the longest.”
https://decrypt.co/242113/...
Investors would not expect the Fed to cut rates on Wednesday.
“Historically, the Fed waits 5 to 10 months between the last rate hike and the first rate cut; the current 12-month pause is one of the longest.”
https://decrypt.co/242113/...
A Possible Bitcoin Breakout Hinges on US Macroeconomic Factors, Says 10X Research - Decrypt
Investors aren't expecting the Fed to cut rates on Wednesday, but "a rate cut indication on July 31 could push Bitcoin above $70,000," say analysts.
https://decrypt.co/242113/a-possible-bitcoin-breakout-hinges-on-us-macroeconomic-factors-says-10x-research
5 months ago
