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🎒bluechipik🎒
@bluechipik
Markets are talking about a possible Fed rate cut in July 👀 We are seeing an increasingly bullish consensus in the risk asset market. Now talk has even started that maybe we will see a rate cut in July? That would probably be a stretch. Anything is possible, but I don't think it's going to happen now. We are very likely to see a rate cut in September. In July, it will be enough if Powell adds confidence to the rate cut with his speech. It is important for us to note the decline in inflation and the progress in fighting it, as well as to give a hint of a rate cut in the future. Finally, crypto has also started to rise with the fund. That's what we expected, that's what I wrote about. Russel2000 is pulling the bitcoin with it. In just a few days, BTC has added almost 20% in value. Alts are not in a hurry to catch up with the market leader, but it is normal. Bitcoin always grows first on true movements.
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