đ„Market caution is reflected in Bitcoin's stagnation and gold's all-time high. đ
Analysts point out that the current decoupling of #Bitcoinâïž and #Oro is due to continued investor caution amid possible recession indicators.
According to Theblock, in the current scenario of Bitcoin falling and gold reaching new highs, it indicates that there is a change in preference from #inversores to traditional safe havens (like gold), amid a risk-averse environment. This could be intensified by the interest rate cut.
Meanwhile, this Wednesday, September 18, we will have the Federal Reserve's FOMC meeting (#FED ), where a decision will be made on interest rates in the United States. The market has now changed its stance and is now expecting a 50 basis point interest rate cut.
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