The much-anticipated rate cut by the Federal Reserve has finally come. Friends in the cryptocurrency circle are all discussing whether the Federal Reserve will rise or fall. Tonight will surely be another sleepless night. (On the 19th) The Federal Reserve’s interest rate decision will be made at 2:00 a.m., which will ignite the market again.
According to common sense, the first action in a rate cut cycle is usually more cautious, so 25 basis points is more likely. If the final decision is to cut interest rates by 50 basis points, it will exceed market expectations and trigger further speculation about the economic situation in the market.
Then the impact on the price of the currency will be a short-term impact and further decline; in terms of form, it is currently a correction in the bulls, but in the process of correction, the US market closed the low point of the previous correction last night, and the strength of the retracement seemed a bit weak, so combined with the above factors, the currency price will continue to adjust and correct in the Asian market today, and after sufficient adjustment, we will consider going long! ! #美联储利率决议公布在即 #加密市场反弹 #新币挖矿HMSTR #token2049 #美国大选如何影响加密产业? $BTC $ETH $BNB