Why is the interest rate cut a big boon?
In the past interest rate hike cycle,
the Fed kept raising interest rates and pumping money,
draining the market liquidity completely,
the market has no liquidity, and the obvious manifestation is a plunge!
Today, the Fed cuts interest rates, which means opening the floodgates,
providing sufficient liquidity to the market,
a large amount of funds poured into the financial market,
the biggest beneficiary is of course risky assets,
and risky assets are of course the crypto market represented by Bitcoin!
the above content only represents personal opinions and does not constitute any investment advice!
