đșđžđ On December 18, 2024, the U.S. Federal Reserve plans to cut interest rates by 25 basis points, lowering the federal funds rate to a range of 4.25% to 4.50%. This change could have significant repercussions on the cryptocurrency market.
Possible impacts:
1. An increased appetite for risk:
With lower rates, investors are looking for higher yields. Cryptocurrencies could become an attractive alternative to traditional investments, such as bonds or savings accounts, boosting demand and prices.
2. Increased volatility:
The announcement of this decision could cause short-term volatility in the crypto market as investors adjust their strategies in response to this new monetary policy.
3. Effect on Stablecoins:
Issuers of stablecoins, often backed by U.S. Treasuries, could see their yields decline, which could affect the stability and performance of these assets.
In summary:
This rate cut could open up new opportunities for the crypto market, but other factors, such as regulation, technological innovations and the global economy, will also play a key role in its evolution.