The market is still in a weak and volatile state, and the price of Bitcoin has not fluctuated much.

But the altcoins have seen a relatively large correction, and many currencies have returned to their starting levels.

Most people are already panicking, especially with the upcoming CPI data release on Wednesday and the Fed's interest rate decision.

Many people don't understand why a rate cut will definitely be good for the currency circle. In fact, a rate cut means more money flowing into the market because more people will transfer money from banks to investments. This will increase market liquidity. If the Fed does not cut interest rates, it may face higher unemployment, leading to a vicious cycle. Therefore, a rate cut is a natural benefit to the currency circle.

In general, the market is still developing in a positive direction, regardless of whether interest rates are cut. It is still in the middle of a bull market, and the increase in altcoins in the later period will at least reach 10 times.

Persist