On December 19, David Lawant, the research director of the major cryptocurrency broker FalconX, stated that although current predictions of interest rate cuts are impacting prices, they may not have a lasting effect due to the decreasing correlation between Bitcoin and major stock indices. David Lawant further explained: "The anticipated slowdown in interest rate cuts in 2025 is not entirely surprising but has put pressure on risk assets including cryptocurrencies. While traditional macro factors influence the price trends of cryptocurrencies, industry-specific factors may dominate in the coming weeks and months, especially as the market anticipates policy changes from an upcoming government."
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