Investors and the market are currently spot Bitcoin ETF focused on approval BTC and another important issue for cryptocurrencies is FedIt is when the interest rate will be cut.
While there are many opinions at this point, the final evaluation is Ellen Zentner, Morgan Stanley’s chief U.S. economistIt came from.
According to CNN news Ellen Zentner claimed that the FED will keep interest rates constant for longer than the market expects, but will then reduce them more than expected.
At this point, Zentner, who argued that the FED will start reducing interest rates in June, said:
“Make no mistake, they will lower interest rates this year. However, the Fed chairman and members may be more patient than the market predicts.
At this point, I think the FED will start the interest rate reduction series in June. The FED will make its first 25 basis point cut in June. “Afterwards, 25 basis point reductions each will follow in September, November and December.”
Bitcoin It hit its peak of $69,000 in November 2021, when the FED started increasing interest rates. Since the subsequent bear market is directly related to the FED’s interest rate increases, it is thought that a policy change here may return BTC to its old days.
*This is not investment advice.
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