Reserve

Bitcoin

Impact

Read

<div class="code-block-grte code-block-grte-8" style="margin: 8px auto 8px 0; text-align: left; display: block; clear: both;"> 
 <table style="width: 100%; border-collapse:"> 
  <tbody> 
   <tr> 
    <td style="width: 100%; text-align: left;"><a href="https://en.coinotag.com/altcoin-exchange-1333421/" target="_blank" rel="noopener"><strong><span style="color: #000000;">Before you reading,<br><span style="color: #e67e22;">Don't miss coins like PEPE again! Click here to find new PEPEs!</span></span></strong></a></td> 
   </tr> 
  </tbody> 
 </table>
</div> 
<ul> 
 <li>Recent weeks have seen a significant drop in digital asset prices, causing concern among traders and investors.</li> 
 <li>Betting markets such as Polymarket and Fed fund futures provide insight into the current sentiment in the crypto market.</li> 
 <li>There is a growing disparity in predictions about the Federal Reserve’s potential interest rate cuts, reflecting the market’s uncertainty.</li> 
</ul> 
<p><strong>Amidst falling digital asset prices, traders turn to betting markets for predictions on Federal Reserve’s interest rate cuts, revealing a sense of uncertainty in the crypto market.</strong></p> 
<h2 id="strong-traders-predictions-on-interest-rate-cuts-strong"><strong>Traders’ Predictions on Interest Rate Cuts</strong></h2> 
<p>In March, traders on Polymarket, a decentralized prediction market platform, saw a 7% chance that the Federal Reserve would maintain steady interest rates through 2024. However, current predictions suggest a 38% chance that the Fed will not implement any rate cuts this year. This is a significant increase in pessimism compared to the 23% chance of zero rate cuts calculated by investment analysis firm Bianco Research.</p> 
<h3 id="strong-impact-of-interest-rate-cuts-on-crypto-market-strong"><strong>Impact of Interest Rate Cuts on Crypto Market</strong></h3> 
<p>Higher interest rates often devalue riskier assets like stocks and crypto, as their returns become less appealing compared t... <a href="https://en.coinotag.com/crypto-traders-remain-skeptical-about-potential-fed-rate-cut-implications-for-bitcoin-btc-and-wall-street/">Read the full article for FREE at COINOTAG!</a></p>

Crypto Traders Remain Skeptical About Potential Fed Rate Cut: Implications for Bitcoin (BTC) and Wall Street

Table of Contents

CO NEWS

Other articles published on May 2, 2024

What The FOMC Meeting Means For Bitcoin's Next Move

Bitcoin Hit Bottom? These Altcoins Ready to Explode with 500% Gains!

Humanode, a blockchain built with Polkadot SDK, becomes the most decentralized by Nakamoto Coeffi...

JUST IN! Pantera Capital Announced Its Investment in a Surprise Altcoin, The Price Mobilized!

MicroStrategy Orange; A Bitcoin-Based Decentralized ID Platform

MoonPay integrates PayPal to simplify US crypto transactions

Join our free newsletter for daily crypto updates!