Bitcoin Outlook: Confidence Returns to the Cryptocurrency as It Approaches 95,000 Dollars
From forex.com
With one day left before the Federal Reserve’s decision, market expectations point to a rate cut from 4.00% to 3.75% in the short term. A potential reduction in borrowing costs in the United States creates an environment of greater liquidity, which typically benefits risk assets such as Bitcoin, as capital tends to seek higher returns when interest rates fall. This behavior is reflected in network metrics and Bitcoin-related ETF indicators—particularly Open Interest, which is once again showing steady growth, approaching the 30-billion mark. Since Open Interest measures the total number of open long and short ...
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