Economie
6,309 views
1 Posts
Hot
Latest
See original
The Fed’s interest rate cut: What impact on cryptocurrencies?
🇺🇸📉 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.
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.
Meg Salk tMwl:
✌️
See original
🇺🇸 Economist Peter Schiff is a harsh critic of the idea of government Bitcoin, suggesting that selling all BTC held by the state would be a wise move. According to him, this would not only effectively reduce the 2024 budget deficit 🧮, but also avoid the creation of a dangerous "Strategic Reserve" of Bitcoin 🛡️. Schiff, known for his skepticism towards cryptocurrencies, sees this action as a way to prove the instability of Bitcoin compared to gold. 💰 #Bitcoin #Economie #PeterSchiff