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

5
0
SHARE
This post was originally published on this site

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

Read More https://www.coindesk.com/markets/2024/10/10/uptrend-in-bitcoins-dominance-rate-threatened-by-fed-rate-cut-cycle-crypto-asset-manager-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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

NO COMMENTS

LEAVE A REPLY