The FED just changed crypto
2024-12-20
Category: None

The #FOMC just cut interest rates by 25bps/0.25%, but something more important changed!

They raised their interest rate projections for the next 3 years by 50bps/0.5%.

This is not good for crypto in the short term.

The #FED is suggesting fewer interest rate cuts in the short-medium term which won't be good for risk assets such as  CRYPTOCAP:BTC  and other #alts

The market has also been diverging for the last couple of weeks so will likely fall in reaction to this.

Don't worry though #ALTSEASON will eventually come and mark the end of this bull run unless Trump creates the  CRYPTOCAP:BTC  strategic reserve and sends crypto 100 times higher.

For More -> x.com