📈 Gold Up, Bitcoin Down Gold rose 10% to $2,564, while Bitcoin fell 7% to $58,000, outperforming Bi | MR Abu Burhan on Binance Square

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📈 Gold Up, Bitcoin Down Gold rose 10% to $2,564, while Bitcoin fell 7% to $58,000, outperforming Bi

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📈 Gold Up, Bitcoin Down
Gold rose 10% to $2,564, while Bitcoin fell 7% to $58,000, outperforming Bitcoin and the S&P 500.

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That's a compelling analysis! The Federal Reserve's decision on rate cuts is always a major market mover, and its ripple effects often reach crypto markets. Historically, when central banks cut rates, liquidity increases, and that influx can fuel riskier assets like crypto. However, as you noted, a recession could have the opposite effect, pulling markets down. The relationship between monetary policy and crypto is still evolving, especially as institutional involvement grows. Many eyes are on how crypto will perform in an environment of loosening monetary policy, but macroeconomic instability remains a significant wild card. Would you be interested in diving deeper into potential crypto strategies in both recession and bull market scenarios? #Token2049 #BinanceLaunchpoolHMSTR #NeiroOnBinance #USRetailSalesRise

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