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🔥The impending FED decision is generating great volatility in the cryptocurrency market. 👀
As we get closer to the date for the decision of the United States Federal Reserve (#FED ) on the #interés rates, we have an increase in the #Volatilidad of the #mercado crypto.
According to a report from theblock media, the market reaction could vary significantly depending on the magnitude of the rate cut. A 25 basis point cut could sustain a moderate risk environment, while a 50 basis point cut could trigger stronger buying or profit taking among investors.
In the last 24 hours the price of #Bitcoin❗️ has risen by 5.33%, reaching a maximum price of $ 61,320 dollars. On Wednesday, September 18, we will learn the decision of the Federal Reserve regarding the interest rate cut.
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$BTC
As we get closer to the date for the decision of the United States Federal Reserve (#FED ) on the #interés rates, we have an increase in the #Volatilidad of the #mercado crypto.
According to a report from theblock media, the market reaction could vary significantly depending on the magnitude of the rate cut. A 25 basis point cut could sustain a moderate risk environment, while a 50 basis point cut could trigger stronger buying or profit taking among investors.
In the last 24 hours the price of #Bitcoin❗️ has risen by 5.33%, reaching a maximum price of $ 61,320 dollars. On Wednesday, September 18, we will learn the decision of the Federal Reserve regarding the interest rate cut.
👉Do you want to continue learning about the crypto world?
Share and follow me for more 👈😎
$BTC
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The market faces the Fed again, analysis by Ben Laidler of eToro
Daily market commentary by Ben Laidler, global markets strategist at trading and investment platform eToro.
With less than a week left until the new meeting of the Federal Reserve #FED , the expert points out that “hopes for an interest rate cut and the drop in long-term bond yields have triggered an early rebound in Santa Claus".
“This is a frontal attack by #mercado on the perspectives published by the Fed, which will feel doubly unhappy that financial conditions are now more lax than when it started raising rates,” he explains.
With less than a week left until the new meeting of the Federal Reserve #FED , the expert points out that “hopes for an interest rate cut and the drop in long-term bond yields have triggered an early rebound in Santa Claus".
“This is a frontal attack by #mercado on the perspectives published by the Fed, which will feel doubly unhappy that financial conditions are now more lax than when it started raising rates,” he explains.
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