Let's talk about why there is a possibility of a short-term decline before and after the interest rate cut. The cryptocurrency market is completely likely to be dragged down by the US dollar, US stocks and US bonds. At 2 a.m. on September 19, if the interest rate cut is confirmed, it means that the arbitrage point is low, and the US dollar will also depreciate. Therefore, if you make money on the US dollar, you will also lose the exchange rate. Why doesn't capital run away? A 25% interest rate cut may be okay, giving capital time to slowly transfer. Most capital has also prepared for the interest rate cut, but the funds must have a place to go if they want to change their layout, and the relevant industrial chain must be established. Otherwise, even if the interest rate is cut, the funds will not know where to go. If the interest rate is cut by 50%, it will force capital to flee the United States, because the US dollar may depreciate too quickly, and US dollar assets need to be quickly abandoned, which may cause a series of financial stampedes that affect the cryptocurrency market.
A shares have been falling, and the economy has not been able to open up. In fact, A shares are controlled by state-owned enterprises, so the reason for its decline is that state-owned enterprises have taken funds to the United States to make profits, whether it is arbitrage, buying treasury bonds, or buying gold and US stocks. In short, technically they are making money. There are 6 trillion US dollars in foreign exchange, of which 3 trillion foreign exchange is not converted into foreign exchange. It is conceivable how much power is involved.
However, in the long run, everyone has cut interest rates, all at low interest rates, and there are no stable hedging products in the market, so capital will turn to relatively risky investments and will begin to be invested in the real industry. #降息 #降息前后走势 #比特币挖矿难度创历史新高 #降息影响 $BTC $ETH $BNB