#美联储降息 Just saw an interesting analysis: could Fed rate cuts + a weakening dollar potentially drive Bitcoin higher? 🤔 How are these two things even related...
I heard the dollar has fallen nearly 10% this year, the biggest decline since 2017, and then some analysts say there's a 96% chance of further rate cuts before June next year? I'm still trying to understand what Gas fees are; these macroeconomic questions are honestly a bit confusing... But it seems like the dollar is depreciating, and people will look for other assets to preserve value, making Bitcoin a "safe haven"?
Can any experts briefly explain why Fed rate cuts would benefit Bitcoin? Does this mean that if I hold some Bitcoin now, I might see growth opportunities next year? 🚀 Or is this kind of macro prediction quite uncertain, and beginners should stay cautious?
Seeking some basic knowledge and guidance. Feeling like understanding a bit of economics can help avoid pitfalls in the crypto world.
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#美联储降息 Just saw an interesting analysis: could Fed rate cuts + a weakening dollar potentially drive Bitcoin higher? 🤔 How are these two things even related...
I heard the dollar has fallen nearly 10% this year, the biggest decline since 2017, and then some analysts say there's a 96% chance of further rate cuts before June next year? I'm still trying to understand what Gas fees are; these macroeconomic questions are honestly a bit confusing... But it seems like the dollar is depreciating, and people will look for other assets to preserve value, making Bitcoin a "safe haven"?
Can any experts briefly explain why Fed rate cuts would benefit Bitcoin? Does this mean that if I hold some Bitcoin now, I might see growth opportunities next year? 🚀 Or is this kind of macro prediction quite uncertain, and beginners should stay cautious?
Seeking some basic knowledge and guidance. Feeling like understanding a bit of economics can help avoid pitfalls in the crypto world.