Why a 0.50% Fed Rate Cut Could Be Bad for Bitcoin Chart of the Day
1 views - 2024-09-09
The U.S. jobs report from last Friday seems to have set the stage for the Federal Reserve to start cutting interest rates but 10x Research warns that the supposedly bullish liquidity easing cycle may not be great for crypto if the Fed cuts rates by 50 basis points. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
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#cryptocurrency #digitalfinance #finance #bitcoin #crypto
Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1
Site: https://www.coindesk.com
Twitter: https://www.twitter.com/coindesk
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Newsletters: https://www.coindesk.com/newsletters
CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP
Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE
CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.