The Federal Reserve is expected to cut interest rates by 25 to 50 basis points on September 18, a decision that could notably affect the cryptocurrency market.
While some believe this reduction might increase Bitcoin's price, Arthur Hayes, co-founder of BitMEX, warns it could also trigger a significant market downturn.
Despite this potential negative impact, the influence of cryptocurrencies over traditional financial systems and central banks is on the rise, marking a significant shift in the economic landscape.
