JUST IN: 🇺🇸 FED's Bostic signals he's open to a 50bps interest rate cut in November. 📉
This potential rate cut could be a game-changer for the crypto market! 🚀 Lower interest rates generally reduce the appeal of traditional investments like bonds, pushing more investors towards riskier assets—such as cryptocurrencies. 💰
If the FED goes ahead with the cut, it could fuel increased liquidity in the market, leading to more capital flowing into Bitcoin and other digital assets. This could spark a bullish rally as investors seek better returns amidst a lower interest rate environment.
Will this be the spark that reignites the crypto bull run? 👀 Stay tuned!
