menu
techminis

A naukri.com initiative

google-web-stories
source image

Bitcoinist

2M

read

418

img
dot

Image Credit: Bitcoinist

Bitcoin Price Drops With Fed Rate Cuts On The Horizon: Calm Before The Storm?

  • Bitcoin (BTC) price declined by 2.7% ahead of the US Federal Reserve (Fed) rate cuts.
  • The rate cuts are expected to stimulate the economy and lower borrowing costs for businesses.
  • However, experts believe rate cuts might not have the desired effect on risk-on assets like cryptocurrencies.
  • The outcome of the US Presidential Elections could also impact the future price trajectory of Bitcoin.

Read Full Article

like

25 Likes

For uninterrupted reading, download the app