I expect a boost for the crypto markets, particularly because lower interest rates tend to increase liquidity and make riskier assets like cryptocurrencies more attractive to investors. A reduction in rates could serve as a catalyst for a year-end rally. The potential rate cut might set the stage for a crypto bull market, driven by increased liquidity, lower borrowing costs and a quite favorable market sentiment.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments