10X Research: Fed expected to signal more rate cuts this year
2024-06-13 08:13:25
Markus Thielen, founder of 10x Research, said in a note to clients on Thursday that the Fed is expected to signal more rate cuts later this year because inflation has peaked. Previous analysis has shown that lower CPIs tend to boost bitcoin prices, and this trend is expected to continue. It should stick with bitcoin and avoid other currencies such as Ethereum.
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