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
“Hyperliquid 50x Whale” opens 40x BTC short position, with a position value of $160 million
Code of Joker game will reappear on smartphones in a new version via Sui blockchain
Share link:In this post: The arcade Code of Joker existed from 2013 to 2019 The game will run on a platform Mysten acquired just days ago. Sui partnered with Jokers, Inc., which is obtaining more games to revive in Web3
RLUSD Can Be Frozen for Compliance, Ripple CTO Admits

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

Trending news
MoreCrypto prices
More








