Key events of this week:
In addition to focusing on some token unlock situations, the most noteworthy event is the Federal Reserve's interest rate decision on Thursday. This is the third interest rate cut this year, scheduled to be announced at 3 AM on the 19th. Whether there is a rate cut will have both positive and negative effects on the market.
Positive factors:
Increased capital liquidity: A rate cut helps to enhance the liquidity of market funds, providing support for the cryptocurrency market.
Dollar depreciation: The depreciation of the dollar may drive capital into the cryptocurrency space, benefiting crypto assets.
Increased demand for safe-haven assets: As economic uncertainty rises, cryptocurrencies may become a choice for safe-haven assets, further promoting the development of the crypto space.
Negative factors:
Increased market volatility: A rate cut often accompanies severe market fluctuations, increasing risk.
Policy uncertainty: Changes in policy may bring more regulatory pressure, further exacerbating market uncertainty.
Inflation pressure: A rate cut may exacerbate inflation, which in turn could impact the cryptocurrency space, particularly on the purchasing power of certain assets.
Therefore, the Federal Reserve's decision may trigger short-term volatility, and investors need to pay close attention.
