The Fed cut interest rates by 50 basis points. Is it a positive or a recession?
We can only look at the performance afterwards. At least from the current performance of US stocks, there is no recession, but you can also say that it is distributed. If it is not unexpected, analysts have analyzed three directions.
1. BTC has been moving up and down after announcing the interest rate cut. At present, it has reached a high point in small steps and is currently fluctuating at 62,000;
2. ETH follows closely, neither high nor low, there is no big problem, just likes to follow the big cake;
3. SOL has no independent market, but Solana's memecoin has an independent market, among which $POPCAT has a trend of setting a new high;
Fed Chairman Powell: The Fed will speed up, slow down or suspend interest rate cuts as needed; Fed megaphone: The first interest rate cut of 50BP marks a bold start of the interest rate cut cycle;
