As is known for interest rate cuts, the Swiss central bank was the first country in the world to cut interest rates for 2024.

The Fed, on the other hand, is choosing to postpone the interest rate cut. In other words, what we can understand from here is that inflation has become an imaginary means of multiplying profits in countries affected by the dollar all over the world. No matter how long the Fed delays, it will eventually cut interest rates to stimulate economies struggling with inflation.

Let's come to Turkey. He literally gave a lesson to the Fed regarding interest rates. While the USA kept the interest rates constant for two months and expected a decline in the last months, while the stock markets and Bitcoin were expecting activity, the CBRT continued its decision to tighten and increase interest rates. For some reason, the Fed suddenly increased the interest rates and tightened them as if they were taking a lesson from Turkey. The bullish period for Bitcoin and the rally period for altcoins has been extended.

There is also talk of post-June reductions in the European central bank.

Currently, the CBRT has kept the interest rates constant, let's see what the FED's attitude will be. Relief has begun to be felt in the economy. Interest rate cuts for cryptos are now very close.