Venture capitalist Kevin O'Leary said a potential US Federal Reserve rate cut in December would have minimal impact on bitcoin prices, contradicting speculation in the market that monetary policy is tied to the movement of cryptocurrencies. O'Leary played down the impact of a possible Fed rate cut in December, saying persistent inflation could keep policy tight and bitcoin prices would most likely fluctuate in a range of about 5 per cent above or below current levels.
The investor, known for his involvement in the TV show Shark Tank, revealed in a recent interview that he does not expect the Federal Reserve to cut interest rates in December and that his investment portfolio is not centered around that likely outcome.
Venture capitalist Kevin O'Leary: December Fed rate cut won't have much impact on bitcoin
2025-12-03 06:23:16
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