“The size of the rate cut matters because it could lead to different market reactions. While a 25 bps cut would likely boost markets, a 50 bps cut might signal recession concerns, potentially triggering a deeper correction in risk assets,” said Alice Liu, research lead at CoinMarketCap, in an email to CoinDesk.
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Sam Reynolds, Shaurya Malwa
https://www.coindesk.com/markets/2024/09/18/bitcoin-holds-above-60k-as-traders-warn-of-sell-off-on-50-basis-point-fed-rate-cut/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-09-18 06:49:34
