A 0.50% Fed Rate Cut Could Raise Alarm for Bitcoin, 10X Research...

A 0.50% Fed Rate Cut Could Raise Alarm for Bitcoin, 10X Research Warns

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Source: Coindesk.com

An aggressive Fed rate cut may signal economic worry, not reassurance, weighing over risk assets, including bitcoin, according to 10x Research. Traders currently see a less than 30% chance of a 50 basis point rate cut next week.

Friday's U.S. jobs report has seemingly set the stage for the Federal Reserve

Read More https://www.coindesk.com/markets/2024/09/09/a-050-fed-rate-cut-could-raise-alarm-for-bitcoin-10x-research-warns/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "A 0.50% Fed Rate Cut Could Raise Alarm for Bitcoin, 10X Research Warns" appeared first here Coindesk.com.

Source: Coindesk.com

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