If the Fed cuts interest rates in September, will the cryptocurrency market really see a surge?

My answer is: it will definitely rise, but whether it will be a surge is still unknown.

There are three main reasons:

First, given that the market often sees a short-term rise after the recent positive news, and then ends with a decline, this probability does exist. However, this September rate cut is very different from the past, and perhaps the script will change a lot.

Second, once the interest rate cut is implemented, bank funds will undoubtedly flow out. The first to take over this wave of traffic must be the financial market. In addition to the stock market, the cryptocurrency market may also become the biggest beneficiary. Today's cryptocurrency market has a huge influence in the world, with as many as 560 million participants. Where there are people, there are interests, and the cryptocurrency market is also a suitable place for capital to flow.

Third, except for the US stock market, which has been breaking the previous high, other stock markets are at a relatively low level, which will attract the favor of capital. Many high-quality companies will receive huge financial support, especially the artificial intelligence industry