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Economist: Bitcoin and counterfeit products will face Federal Reserve "shock"

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2025-09-20 03:23:47
According to Cointelegraph, economist Timothy Peterson said: "The market has underestimated the possibility of a rapid rate cut by the Federal Reserve in the coming months."
"The Fed has never envisaged such a gradual rate cut," Mr. Peterson said, explaining that he expected "unexpected effects" to come into play and could surprise markets.
"That will spur a lot of upside for bitcoin and other cryptocurrencies, and I think that will happen in the next three to nine months."
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