Analysts say the market for counterfeit products barely reacted after Federal Reserve Chairperson Jerome Powell expressed doubts about the possibility of further rate cuts this year. The crypto market may have bottomed out.
Crypto analyst Matthew Hyland said on February 11 that the crypto market received the worst news of 2025 today, but counterfeit products have seen little to no sell-off, with some even rising. The market may have digested the expectation that the Federal Reserve will keep interest rates unchanged in 2025. Since no major sell-off has occurred, there is a good chance that the bottom has been reached.
Analysts: counterfeit products market has little reaction to Powell's statement that the Federal Reserve does not need to rush to cut interest rates, or indicates that the market has bottomed out
2025-02-12 04:09:52
Analysts analysts said that the American League Reserve Chairperson Powell this year further cut interest ratesdesk3cryptocurrencydesktopCrypto News
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