Unbelievable! U.S. Stock Futures Hit Record High Just Before Big Rate Cut 😲
#RateCut #WorldNews #CryptoNews #Investing #Economy
Aslam mu alakum, and hello every one how are you, hope you all will be happy and fine.
Today news is, U.S. stock futures have reached a new all-time high just before the expected September interest rate cut.
Benefit of this news for crypto is, when stock market goes strong, it shows investors have more confidence in market. Also, lower interest rates mean people can borrow money easily, and some of that money can move into Bitcoin and other crypto.
But for small traders, it’s important to remember that sometimes, when stock market pumps too much, big investors may take profit there instead of crypto. So, watch closely how money flows between stocks and digital assets in coming days.
Thank you so much for visiting my this news post, and Allah hafiz.