Macroeconomic influences #Ecocrypto
Macroeconomic factors could also play a crucial role in Ethereum’s potential price surge.
The Federal Reserve is expected to cut interest rates in September and possibly continue with further reductions, driven by slowing inflation and economic uncertainty.
A reduction in interest rates typically makes riskier assets like cryptocurrencies more attractive, as the appeal of safe-haven assets such as the U.S. dollar diminishes.
Historically, rate cuts have led to increased capital inflows into the crypto market, as investors seek higher returns in alternative assets.
