With the election approaching, who will be the winner in the cryptocurrency circle? The interest rate cut cycle has quietly arrived!
As the election approaches, it is still unknown who will win between Trump and Harris. However, for people in the cryptocurrency circle, the arrival of the interest rate cut cycle is a foregone conclusion. I have summarized the following points.
First, although Harris is very popular in the debate, people in the cryptocurrency circle actually have a scale in their hearts. When the interest rate cut cycle comes, no matter who is president, cryptocurrency will benefit. After all, with more money, there are more ways to invest.
Second, if Harris is really elected, the cryptocurrency circle should be careful in the short term. The big guys on Wall Street are profit-seeking. If they think the interest rate cut is not strong enough, they may do something, such as creating some economic panic, forcing the Federal Reserve to continue to release water.
I think that in the long run, the interest rate cut cycle is definitely a good thing for cryptocurrency. But in the short term, who will be elected really needs to be slowed down. After all, the big guys on Wall Street are not vegetarians, and they have many tricks up their sleeves. What do you think?
