HOT NEWS AND ANALYSIS YOU NEED TO KNOW FROM EXPERTS
Jerome Powell did not mention how interest rate cuts could affect Bitcoin as follows:
1. Investor Sentiment
- Caution leads to selling pressure and liquidity.
- High volatility. increases beyond previous peaks
2. Monetary Policy
- High interest rates reduce the attractiveness of Bitcoin. many altcoins increase simultaneously
3. Impact on Prices
- Short-term downward pressure may occur.
- There is potential for recovery if strong fundamentals exceed previous peaks
4. Monitoring Economic Indicators
- CPI and unemployment rate affect prices.
Uncertain monetary policy may increase Bitcoin's volatility. It is necessary to monitor developments and economic indicators to make investment decisions.
