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Chaindd 2019-08-04 14:02:00

The Fed May Trigger a Wave of Interest Rate Cuts: How Will a New Round of Monetary Easing Affect the Cryptocurrency Market?

To a large extent, the Federal Reserve has become a reason for investors to be more optimistic about the cryptocurrency market. Although the effects of unstable factors such as trade friction have slowed down and the demand for hedging has declined, investors are still willing to pay higher prices for digital assets because of “the Federal Reserve cut interest rates for the first time in ten years”.

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