Bitcoin drops following Fed's rate cut announcement, but positive factors remain
Bitcoin's value has dropped due to the Federal Reserve's announcement of fewer-than-expected rate cuts, but there are still positive factors that could lead to a future price of $150,000, such as government support and institutional interest. However, there is a risk of an intermediate correction due to Bitcoin's susceptibility to market manipulation and heavily leveraged positions. Investors looking for less risk may want to consider the Trefis High Quality Portfolio, which has consistently outperformed the SP 500. Meanwhile, a website is loading a script through an iframe element to display a video player and other resources, with a unique identifier and command to render a playlist.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Weakening Demand Signals Uncertain Future for Bitcoin, Says Glassnode
Financial Advisors Show Increased Interest in Crypto Investments Following U.S. Election
The 2025 Bitwise/VettaFi Benchmark Survey reveals growing enthusiasm among financial advisors for crypto investments, with a notable rise in allocations and client interest.
Ethereum Developers Discuss Pectra and Validator Requirements in ACDC Call #148
Ethereum's All Core Developers Consensus Call #148 focused on Pectra testing updates, validator hardware requirements, and the Gloas upgrade name.
DWF Labs: Participated in a 150 MhW electricity tokenization transaction