Uptrend in Bitcoin’s Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto...

Uptrend in Bitcoin’s Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto Asset Manager Says

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Source: Coindesk.com

Per SwissOne Capital, the BTC dominance rate and the U.S. interest are positively correlated. The recent onset of the Fed rate-cutting cycle poses risk to the uptrend in the BTC dominance rate.

The U.S. Federal Reserve's (Fed) rate-cutting cycle may stall the ongoing prolonged uptrend in bitcoin's (BTC) dominance rate, bringing

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The post "Uptrend in Bitcoin's Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto Asset Manager Says" appeared first here Coindesk.com.

Source: Coindesk.com

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