Nov 5, 2024
Nov 5, 2024
FED's Nov. 7 meeting could bring a 25 basis point rate cut, impact crypto markets.
A Fed rate cut often weakens the dollar, making crypto an attractive alternative store of value.
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Rate cuts reduce borrowing costs, supporting riskier asset, as investor optimism grows.
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Trump’s policies could reduce Fed rate cuts, boosting the dollar and weakening crypto demand.
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If the Fed cuts rates, crypto could gain appeal as a hedge against inflation and dollar decline.
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