Why a 0.50% Fed Rate Cut Could Be Bad for Bitcoin Chart of the Day

1 views  - 2024-09-09
CoinDesk

CoinDesk

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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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