FED Rate Cut

The US Federal Reserve’s expected rate cut on September 18 could increase market uncertainty, especially for Bitcoin.

According to an article published by @Forbes, rate cuts have historically been positive for Bitcoin, increasing demand for alternative assets against a weakening dollar.

However, this time around, a cut could signal deeper economic concerns and could cause investors to distance themselves from Bitcoin as risky.

A more aggressive rate cut than expected could signal an impending recession, which could make investors wary.