Bybit's head of institution has shared insights into the possible effects of the Federal Reserve's rate cuts on the cryptocurrency market. He anticipates that the recent rate cut could boost market sentiment.
According to Bybit's Chris Aruliah, both retail and institutional investors might be encouraged to diversify their portfolios by exploring and investing in cryptocurrencies.
This could lead to increased interest and investment in the crypto market, potentially driving its growth and value.
Source : news.bitcoin.com ↗