IG analyst: Cryptocurrency will rise if the Fed resumes rate cuts
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最新报道：According to Bijie.com, IG analyst Chris Beauchamp stated in a report that cryptocurrency prices could rise if the Federal Reserve resumes rate cuts on Wednesday and signals further easing in the future. He noted, "If the Federal Open Market Committee signals that this week's meeting is just the beginning of more rate cuts, crypto assets should continue to be one of the main beneficiaries." Data from the London Stock Exchange Group shows that the currency market has fully priced in a 25 basis point rate cut on Wednesday. Furthermore, approximately 81% of IG clients are bullish on Bitcoin, anticipating price increases, while 83% are bullish on Ethereum.
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