Crypto Crisp: What’s with the U.S. Fed?

The past week was notably eventful, marked by the U.S. Federal Reserve (Fed) cutting interest rates for the U.S. Dollar by 25 basis points. However, the Fed struck a hawkish tone for the coming year, signaling fewer interest rate cuts than the market had anticipated. This shift unsettled investors, with the crypto market bearing the brunt of the reaction.
In our view, the market’s current fears are overblown and should be approached with a sense of calm. We will delve into this further, but first, let us highlight the three most significant developments from the past week.
In our opinion, the market’s current fears are exaggerated and should be met with a sense of composure. Our perspective is to weather this wave of fear calmly while enjoying a pleasant and peaceful Christmas season.
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