Many people expect the Fed's interest rate cut to bring benefits, but the facts show that interest rate cuts often lead to a sharp drop in high-risk assets such as Bitcoin.
There are two reasons:
First, interest rate cuts usually indicate an uncertain economic outlook, which leads to market turmoil and investors tend to withdraw their capital for risk aversion;
Second, the expectation of interest rate cuts is often digested by the market in advance, and when the actual interest rate cut is implemented, it may trigger a decline.
