"Why is panic selling occurring after the Fed's rate cut? It's not just interest rates – Trump's policies could weaken the US Dollar. Is this market correction the right opportunity to buy a promising coin?"
Panic Selling occurred when the Fed finally decided to cut interest rates by 25 bps. Why is this panic selling happening? This is because in his decision Fed Chairman Powell said he would tend to "pause" in cutting interest rates next year. However, here I see that the Fed's hawkish decision is only temporary, where various policies of President-elect Donald Trump will make the US Dollar weaken due to inflation. Where Donald Trump's policies tend to be pro-entrepreneur with tax relief and tariffs that will be imposed on various countries such as China when other countries try to export their goods to the US. And I see that this is only a temporary correction as well as an opportunity for us to enter various coins that are interesting to buy.
