{"id":137639,"date":"2024-09-21T11:00:55","date_gmt":"2024-09-21T08:00:55","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137639"},"modified":"2024-09-20T15:42:52","modified_gmt":"2024-09-20T12:42:52","slug":"how-will-rate-cuts-serve-as-a-bullish-signal-for-the-crypto-market","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/how-will-rate-cuts-serve-as-a-bullish-signal-for-the-crypto-market\/","title":{"rendered":"How Will Rate Cuts Serve as a Bullish Signal for the Crypto Market?"},"content":{"rendered":"

The recent Federal Open Market Committee (FOMC) meeting revealed plans for potential additional cuts of 50 to 75 basis points in the near future, which he views as favorable for both cryptocurrencies and Ethereum<\/a><\/strong>.<\/p>\n

A key point from the meeting was the Fed\u2019s expectation of stable unemployment levels, a stance van de Poppe believes<\/a><\/strong> could be misguided. He anticipates a tightening labor market that might necessitate quantitative easing to support economic growth.<\/p>\n

He also mentioned that continued interest rate reductions could enhance interest in Ethereum and decentralized finance (DeFi) projects, potentially allowing ETH to surpass Bitcoin<\/a><\/strong> in value.<\/p>\n