đ Crypto Market Watch: Fedâs Aggressive Rate Cut in Focus
Analysts at 10x Research predict that a sharp 50 basis point rate cut by the Fed could hit the crypto market hard, reports CoinDesk. Why? Aggressive cuts often signal bigger underlying economic issues, which typically isn't great news for risk assets like crypto.
đ With the Fed meeting on September 18, the market is anxiously awaiting the outcome. Will this shake up the crypto world? Only time will tell!
