The Fed's interest rate cut and domestic quantitative easing policies have a positive impact on the cryptocurrency market in the short term
Because the market generally believes that these policies are good for traditional finance, this led to a small bull market in the cryptocurrency market at the end of September.
However, the rise of A shares did not drive the appreciation of the cryptocurrency market. Personally, I think the crazy rise of A shares is bearish for the cryptocurrency market in the short term.
Because the rise of A shares will lead to a decline in the popularity and attention of the cryptocurrency market, more or less some funds and institutions will be withdrawn from the cryptocurrency market and turned to the stock market.
