$BTC has already priced in a 25 bps rate cut. However, if we get a surprise 50 bps cut, we’ll likely see a strong rally (though this is very unlikely). Otherwise, the market could go sideways.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The FOMC meeting is also taking place tomorrow.
$BTC has already priced in a 25 bps rate cut.
However, if we get a surprise 50 bps cut, we’ll likely see a strong rally (though this is very unlikely).
Otherwise, the market could go sideways.