🚨🚨🚨The Fed drama made everyone very nervous, but the interest rate didn't move, and the market felt that the US dollar would continue to be powerful. But good news is here! The Fed will hold another meeting in September, and this time the interest rate cut is almost a foregone conclusion.
Once the US dollar is powerful, our crypto market has to follow suit, this is an old rule.
A 25 basis point interest rate cut sounds like a big positive, but don't be too happy. Once the good news comes out, be careful of being trapped, and many people may take the opportunity to cash out and leave. Bitcoin may sprint first, then take a breath and fall, and non-mainstream coins will also be affected. But don't be afraid, these are all temporary fluctuations. In the long run, interest rate cuts are definitely a good thing.
So, brothers, plan ahead and prepare, and don't rush and miss the opportunity when the time comes! Strong copycats that can be watched during the day: AAVE WIF FET MKR BOME
