Will Rate Cuts Restart Crypto's Bull Run?
Crypto investors have high hopes for a 'soft landing' and positive price action for their bags.
The Fed just cut interest rates for the first time since COVID, as expected, lowering its key policy rate by an aggressive 50 basis points. This long-awaited decision sparked immediate excitement among investors across stocks and crypto.
Powell’s money printer has finally been reactivated, and here’s why many people in the market are feeling positive that these rate cuts might kickstart another crypto bull run 👇
Too early for this? pic.twitter.com/MbxGUTWfyA
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Jack Inabinet
Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.
