📉 2024 interest rate cut cycle is about to start, market volatility is ready? 📉
The Federal Reserve will hold its sixth interest rate meeting on September 17-18, and the interest rate cut cycle is the focus of everyone's attention. Looking back at history, the US dollar has experienced 7 interest rate cut cycles, and the result is a sharp correction in US stocks:
1️⃣ 1969: Maximum drop -36%
2️⃣ 1973: Maximum drop -48%
3️⃣ 1981: Maximum drop -27%
4️⃣ 2000: Maximum drop -51%
5️⃣ 2007: Maximum drop -58%
6️⃣ 2019: Maximum drop -35%
7️⃣ 2024: ❓
Viewpoint:
The crypto market is usually accompanied by volatility during the interest rate cut cycle, especially Bitcoin and other crypto assets. In the short term, due to global economic uncertainty, the market may enter a phase of adjustment. But in the long run, interest rate cuts are conducive to capital inflows and liquidity recovery. It may be wise to stay calm and seize the opportunity of a correction! 🚀
