SURPRISING INTEREST RATE CUT FROM THE FED: IS A NEW ERA BEGINNING IN THE MARKETS❓
The Fed took a long-awaited step, switching to an expansionary monetary policy and making a major interest rate cut. While this decision caused short-term severe fluctuations in the market, Fed Chairman Powell's statements confused people. Powell emphasized that this cut did not mean that the economy was worsening or entering a recession, and that future moves would be determined entirely by data. The most striking point was Powell's stance against the pressures: "We made a major interest rate cut, but this is not a discount period."
Crypto markets are closely monitoring the effects of this interest rate cut. Stores of value such as gold and Bitcoin are expected to rise. The market share of AltCoins in particular is giving strong signals from a technical perspective, and investors should be careful during this process. MACD indicators are also showing signs of recovery in the AltCoin market.
🔥🔥🔥 THE INTEREST RATE REDUCED CREATED EXCITEMENT IN GLOBAL MARKETS, BUT UNCERTAINTY CONTINUES AHEAD. NEW OPPORTUNITIES ARE LIKELY TO EMERGES IN THE CRYPTO WORLD‼️
