$BTC
🔥 The long-awaited Fed meeting is tomorrow
The probability of a 50 bp cut in the key rate (double cut) is 59%, the probability of a 25 bp cut (single cut) is 31%.
Why the Fed rate affects the crypto market
The Federal Reserve's (FRS) base rate is a lending rate used by banks to provide short-term loans to each other.
A low rate makes loans more accessible to market participants. A high rate means that access to capital becomes more difficult and expensive.
This is how the Fed rate affects financial markets. When money becomes more accessible in the markets (low rates), participants tend to take higher risks by investing in company stocks, commodities, and other assets, including crypto.
Be prepared for high volatility!
🔥 The long-awaited Fed meeting is tomorrow
The probability of a 50 bp cut in the key rate (double cut) is 59%, the probability of a 25 bp cut (single cut) is 31%.
Why the Fed rate affects the crypto market
The Federal Reserve's (FRS) base rate is a lending rate used by banks to provide short-term loans to each other.
A low rate makes loans more accessible to market participants. A high rate means that access to capital becomes more difficult and expensive.
This is how the Fed rate affects financial markets. When money becomes more accessible in the markets (low rates), participants tend to take higher risks by investing in company stocks, commodities, and other assets, including crypto.
Be prepared for high volatility!