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Crypto Market Sounds the Charge: Rate Cut Expectations, Policy Tailwinds, and a Bottoming Out - Is a New Bull Run on the Horizon?
Crypto Market Sounds the Charge: Rate Cut Expectations, Policy Tailwinds, and a Bottoming Out - Is a New Bull Run on the Horizon?Since the Fed's rate cut last week, the market has for the first time projected a greater than 50% chance of another 50 basis point reduction at the next FOMC meeting on November 7th. This brewing expectation of a 50 bps cut in November has injected a dose of optimism into the crypto market
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The indicator of Bitcoin (BTC) sounds very alarming! The signal of ascension?
A popular Cryptocurrency analyst said that Bitcoin (BTC)A key indicator shows that top-level crypto assets calculated by market value have officially embarked on the path of recovery.Expert description!Analysts sayThe monthly moving average convergence divergence (MACD) indicator of Bitcoin now shows a long-term bullish trend