The Federal Reserve’s expected interest rate cut in May may benefit the crypto market
ETC Group research director André Dragosch stated that based on the current price of federal fund futures, market participants expect the Fed to begin an interest rate cut cycle in May, and the market has already digested the possibility of a rate cut in March. Dragosch predicts that the cryptocurrency market may have a delayed reaction to the rate cut, and Bitcoin and other cryptocurrencies may initially face selling pressure until May when the situation is expected to improve.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
RLUSD Can Be Frozen for Compliance, Ripple CTO Admits

BlackRock to File XRP ETF Only After SEC Lawsuit Resolution, Expert Says

ZKsync sunsets liquidity program amid bearish market
Watch these Bitcoin price levels as BTC retests key $84K resistance
Trending news
MoreCrypto prices
More








