Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Analyst: Bitcoin investors should focus on the Fed's forward guidance
2024-09-18 11:59
Odaily News Illia Otychenko, chief analyst at CEX.IO, said that while lower interest rates are generally good for risky assets such as Bitcoin, investors should focus on the Fed's forward guidance. Even if the Fed chooses to cut interest rates by 50 basis points, the market's reaction may depend on Fed Chairman Powell's comments on future monetary policy actions. Without clear forward guidance, institutional investors may reduce their risk exposure, which may curb Bitcoin's bullish momentum. (Decrypt)