#美联储何时降息？ Reuters: Bitcoin price plunge may be affected by the Fed's dim prospects for rate cuts

Yesterday

Odaily Planet Daily News Before the Fed announced its interest rate decision and the release of important data on the US labor market, Bitcoin had its worst monthly performance since the end of 2022 in April and has now fallen below the $58,000 support level.

Bitcoin prices fell nearly 16% in April as investors began looking to take profits after prices rose to a historic high of more than $70,000. The Fed is not expected to make any adjustments to interest rates later, but investors generally believe that the Fed may not cut interest rates at all this year, which will hit interest rate-sensitive assets such as cryptocurrencies, emerging market stocks and bonds, and even commodities.

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