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Crypto poised for boost if Fed cuts rate by 50 bps, says hedge fund boss Cointelegraph il y a 2 jours

Crypto poised for boost if Fed cuts rate by 50 bps, says hedge fund boss 📉

Cryptocurrency Joe McCann Asymmetric Federal Reserve

If the Federal Reserve cuts interest rates by 50 basis points (bps), the cryptocurrency market could see a boost, according to Joe McCann, CEO of the crypto hedge fund Asymmetric.

McCann suggests that a smaller rate cut of just 25 bps could result in a decline in cryptocurrency prices, contrary to the impact of a larger cut.

Source: cointelegraph.com ↗

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