Why is it said that there will be speculation expectations in the cryptocurrency circle before the interest rate cut?
1. Signs of capital inflow: Grayscale, BlackRock and other large institutions' spot Bitcoin ETFs have seen net inflows in recent times, which shows that the market demand for Bitcoin ETFs is very strong, indirectly reflecting the optimistic outlook for the future of Bitcoin.
2. Expectations of the Fed's interest rate cut: The Fed said it would cut interest rates twice this year, which will definitely allow more traditional financial funds to flow into the cryptocurrency circle and bring new impetus to the crypto market. The decision to cut interest rates will have an impact on the cryptocurrency circle, especially the gold market. As long as the interest rate is cut, the cryptocurrency circle still has a lot of room for upward movement.
3. Market sentiment: Every time a new low is reached, there are institutions taking over, which shows that the market is waiting for the interest rate cut decision to determine the future direction of operation.
4. Economic impact: As long as the interest rate cut is implemented, the cryptocurrency economy will still grow steadily and gradually, and the good news will still be greater than the bad news, and there is a high probability that it will rise. Therefore, spot users can continue to wait for the main rising wave to arrive.
In summary, there will be speculation expectations in the cryptocurrency circle before the interest rate cut, mainly because of factors such as the market's expectation of more capital inflows, the Fed's interest rate cut decision, market sentiment and economic impact.
