The Federal Reserve is anticipated to implement its first interest rate reduction since the COVID-19 pandemic, a move that analysts believe may generate heightened volatility for Bitcoin. This period of fluctuation is expected to precede Bitcoin's next significant upward movement.
The potential rate cut by the Fed is being closely monitored by market participants, as it could signal the start of a new economic phase. Analysts suggest that the decision may either stabilize or further disrupt the market, depending on its execution and reception.
Investors and traders are thus advised to prepare for potential turbulence in the Bitcoin market, with the understanding that the currency's trajectory could experience significant shifts based on the Fed's decisions.
Quelle: cointelegraph.com ↗