RE: The Fed is almost certainly going to cut interest rates next week

[candy49]

Will the interest rate cuts have an effect on crypto?

Comments

[rose98734]

It might. Remember, from the launch of bitcoin in 2009 to 2022, interest rates were around 0.25% to 0.75%. The current rate of 5.25% is very high - and it's not clear bitcoin does well in high interest rate environments.

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[rose98734]

Thanks

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