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Shades of Gray: Fed Rate Cut Will Weaken the Dollar and Support Bitcoin

Shades of Gray: Fed Rate Cut Will Weaken the Dollar and Support Bitcoin

Bitget2024/06/12 14:24

Grayscale posted on the X platform that inflation is trending downward, providing an opportunity for the Fed to cut interest rates.Grayscale Research believes that a Fed rate cut would weaken the US dollar and support Bitcoin.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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