Citi's dovish Fed outlook: potentially bullish
A dovish Federal Reserve would generally mean a greater willingness to lower interest rates or keep monetary policy less restrictive. That could support Bitcoin if it lowers bond yields and improves liquidity.
However, I could not independently verify the exact Citi forecast in the headline. Also, the reported US 10-year Treasury yield was elevated around 5.25%, which can make safer yield-bearing assets more attractive than crypto. $NVDAB $BTC $AAPLB
#SolanaPlansToCutBlockTimesTo200ms #SenBlumenthalProbesCantorFitzgeraldTetherTies #ReusedBitcoinAddressesHold4.33MBTC
A dovish Federal Reserve would generally mean a greater willingness to lower interest rates or keep monetary policy less restrictive. That could support Bitcoin if it lowers bond yields and improves liquidity.
However, I could not independently verify the exact Citi forecast in the headline. Also, the reported US 10-year Treasury yield was elevated around 5.25%, which can make safer yield-bearing assets more attractive than crypto. $NVDAB $BTC $AAPLB
#SolanaPlansToCutBlockTimesTo200ms #SenBlumenthalProbesCantorFitzgeraldTetherTies #ReusedBitcoinAddressesHold4.33MBTC