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RE: Overwhelming FOMO... Is Bad for You!
Thanks! Looks like the betters expect a 25bps rate cut in mid-September, which would be good for crypto.
0E-8 BEE
You are viewing a single comment's thread:
Thanks! Looks like the betters expect a 25bps rate cut in mid-September, which would be good for crypto.
Yes, but somewhat high interest rates are needed to keep the market from speculating on too many bad investments. Theres is a good chance that very low interest rates could mark the blow up top for this bull market. 25 BPS cut will not do much. We are at 4.5%. Anything under 1% will be very dangerous IMHO.
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