Bitcoin is down 6% in the last 30 days, while the Nasdaq is up 3.7% and the S&P 500 is up 4%. So why is Bitcoin lagging? Is Wall Street moving into chip stocks like NVDA, TSMC, and ASML with the money from Bitcoin ETFs?
Are Bitcoin miners selling to cover rising electricity costs? Goldman Sachs economist Jan Hatzius thinks interest rates could fall by 25 basis points. Could a rate cut boost Bitcoin's price? 📈
Low interest rates have historically been associated with big gains for Bitcoin. When interest rates hit zero in 2020, Bitcoin's price rose nearly 8x. Now, with the Fed lowering interest rates again, could Bitcoin rally again? We'll see! 🚀