September 19/The interest rate cut is the prelude to a surge in prices. Time will magnify the significance of the interest rate cut
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On September 19, the US dollar finally cut interest rates, even by 50 basis points.
Although there are countless financial anchors on TikTok who swear to the heavens that the U.S. will not cut interest rates on September 19 but will only raise them, no matter how many people swear, it cannot change the facts.
The cryptocurrency market started its first round of surge in anticipation of a rate cut. This was a release of emotions, not a real influx of incremental funds, because it takes time to release more funds after a rate cut.
The US election will be held in November, so if Trump wins, it will be the time for the real surge in the cottage industry. If Trump loses, it is estimated that there will be a sharp drop. After the sharp drop, the third interest rate cut of the US dollar should have another surge.