The surge in discussions about the Fed rate indicated potential risks for the crypto market
The increase in mentions of a cut in the Fed's key rate on social media could serve as a warning for the cryptocurrency market. This was stated by Santiment.
Experts noted that the main driver of the recent rally was the "dovish" tone of the regulator's chairman Jerome Powell, which created a "buy on rumors" atmosphere.
Against the backdrop of the official's statements, the S&P 500 index reached a new historical high, moving up alongside Bitcoin and gold
