Reported about 1 month ago
In a recent discussion, experts analyzed how the Federal Reserve's upcoming rate cuts could significantly impact Bitcoin's price. David Gokhshtein highlighted anticipation in the market, suggesting Bitcoin may rise following any rate change. Rob Nelson expressed confidence that Bitcoin wouldn't fall below $40,000 but noted uncertainty regarding the Fed's decision. John Divine predicted inevitable rate cuts tied to broader economic challenges, emphasizing the Fed's balancing act amidst rising bank strains. The policy decision is scheduled for September 18.
Source: YAHOO