Name: Why a 0.50% Fed Rate Cut Could Be Bad for Bitcoin
Uploaded: 2024-09-09T15:50:12.000Z
Duration: 1 min 3 s
Description: The U.S. jobs report from last Friday seems to have set the stage for the Federal Reserve to start cutting interest rates but 10x Research warns that the supposedly bullish liquidity easing cycle may not be great for crypto if the Fed cuts rates by 50 basis points. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

CD20$1,985.630.52%BTC$73,575.841.01%ETH$2,008.250.66%XRP$1.310.84%SOL$82.070.26%

Why a 0.50% Fed Rate Cut Could Be Bad for Bitcoin | CoinDesk Videos

Loading video...

CD20$1,985.630.52%BTC$73,575.841.01%ETH$2,008.250.66%XRP$1.310.84%SOL$82.070.26%

Why a 0.50% Fed Rate Cut Could Be Bad for Bitcoin | CoinDesk Videos