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Nansen Analyst: Crypto Markets Have Absorbed Two Potential Fed Rate Cuts in 2024
Bitget2024/05/31 15:39
The cryptocurrency market has already digested the impact of two potential Fed rate cuts in 2024, and the longer it stays in this high interest rate regime, the greater the downside risk will be, says Aurelie Barthere, chief research analyst at Nansen.ai. Slower growth is not good for cryptocurrencies. In the meantime, be constructive on cryptocurrencies in terms of strategy, but remain wary of signs of weakening growth.
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