The Federal Reserve's decision to cut interest rates by 25 basis points, combined with Trump's election victory, has injected confidence into the financial markets, other than Bitcoin which has been hit hard
the Fed cut rates, making loans cheaper, encouraging economic growth and riskier investments. Bitcoin is soaring after Trump’s pro-crypto election victory. This combination has investors excited about a bullish market for cryptocurrencies. Buckle up, because this is just the beginning!
Although the decision to cut rates is a positive development for many asset prices, it remains to be seen how long the bullish momentum will last. With many uncertainties ahead, including potential interventions from regulators and the election of a non-Trumpian government, investors may approach the Bitcoin market more cautiously. What do you think? Will another Bidenist walk away with the victory? Or will Bitcoin continue to rise? Let’s discuss!