Opinion: Fed's delay in cutting rates until 2025 could trigger a bear market
internet economist Timothy Peterson warned that if the Federal Reserve delays interest rate cuts in 2025, it could lead to a broader market downturn and possibly drag Bitcoin back to $70,000. Based on his analysis model, Bitcoin may bottom out at $57,000 in the next bear market, but he said this possibility is unlikely because too many investors are "staring at Bitcoin like vultures."
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
US Treasury Targets Houthi Crypto Wallets, Financial Network
Securitize Reports Highest-Ever Dividend of $4.17 Million for Tokenized Treasury Product
Market Turmoil Hits Pi Network: Investors Face Uncertain Future
In Brief Pi Network's value has sharply declined, alarming many within the community. Experts predict a potential price drop of Pi Coin to $0.1 if trends continue. Investor confidence remains shaky due to regulatory and technical uncertainties.
1 in every 5 Americans hold Crypto: Ripple CLO
Trending news
MoreCrypto prices
More
