Bitcoinhalving and possible Fed While interest rate cuts are expected, when the FED will start cutting interest rates continues to be a matter of curiosity and debate.
While there are many evaluations at this point, the last comment is Famous Mike Novogratzcame from dawn.
Sharing from account X Mike Novogratz said that the FED has no reason to cut interest rates, but he is sure that it will still cut interest rates.
At this point, Novogratz thinks that a possible interest rate cut BTC, gold silver and copper He stated that it will be a bullish catalyst for assets such as
“Call me crazy, but I don’t see a single good reason for the FED to cut interest rates.
However, I still think the FED will cut interest rates. A potential interest rate cut would be a great bullish catalyst for BTC, gold, silver, copper, but it wouldn’t be a good situation for the US. We need a politician who will dramatically reduce spending!”
Call me crazy but I don’t see one good reason for the fed to cut rates. Yet think they will. It’s a great setup for $BTC, gold, silver, copper. It’s not a great set up for the USA though. We need a politician who will cut spending dramatically!
Sound of silence…
— Mike Novogratz (@novogratz) April 8, 2024
Although the famous CEO states that there is no good reason for the FED to cut interest rates, he continues his rise in Bitcoin.
Because, in a statement he made at the beginning of 2024, Novogratz said that he predicted that the BTC price could exceed the $ 100,000 level in 2024.
In addition, while it is still a matter of great curiosity when the FED will cut interest rates, according to CME’s FedWatch tool, the probability of a 25 basis point cut in June is priced at 51.3%, while in July it is priced at 50.3%.
*This is not investment advice.
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