{"id":141254,"date":"2024-11-03T14:00:10","date_gmt":"2024-11-03T12:00:10","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=141254"},"modified":"2024-11-03T00:11:36","modified_gmt":"2024-11-02T22:11:36","slug":"interest-rate-cuts-and-election-speculation-set-to-boost-bitcoin-prices-claims-wonderfi-ceo","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/interest-rate-cuts-and-election-speculation-set-to-boost-bitcoin-prices-claims-wonderfi-ceo\/","title":{"rendered":"Interest Rate Cuts and Election Speculation Set to Boost Bitcoin Prices, Claims WonderFi CEO"},"content":{"rendered":"<p>Dean Skurka, CEO of WonderFi, predicts that upcoming interest rate cuts in Canada and the U.S., along with the 2024 U.S. Presidential election, will drive <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin\u2019s price<\/a> <\/strong>higher in the next six to twenty-four months.<\/p>\n<p>He highlighted the Bank of Canada\u2019s recent 50-basis-point cut and the U.S. Federal Reserve\u2019s ongoing rate reductions as catalysts for attracting retail and institutional investors.<\/p>\n<p>Skurka believes these trends reflect a global shift toward lower interest rates, enhancing the digital asset ecosystem\u2019s appeal.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/here-is-whats-behind-bitcoins-success-according-to-crypto-expert\/\" title=\"Here is What\u2019s Behind Bitcoin\u2019s Success, According to Crypto Expert\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/pexels-bitcoin-ai-generated-8677233_1280-1-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Here is What\u2019s Behind Bitcoin\u2019s Success, According to Crypto Expert<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Additionally, he noted that while a potential Trump presidency might benefit the crypto sector, Bitcoin\u2019s long-term growth is expected regardless of the election outcome, with advocacy efforts likely leading to a more favorable regulatory environment.<\/p>\n<p>He views the combination of these factors and substantial Bitcoin ETF inflows as setting a positive trajectory for Bitcoin in the coming years.<\/p>\n<p><em><strong><a href=\"https:\/\/cointelegraph.com\/news\/macro-factors-canada-us-good-bitcoin-price-wonder-fi-ceo\" target=\"_blank\" rel=\"nofollow\">Source<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (BTC) recently achieved an all-time high of over 100,000 Canadian dollars, currently priced around $69,447.<\/p>\n","protected":false},"author":9,"featured_media":132621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-141254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Interest Rate Cuts and Election Speculation Set to Boost Bitcoin Prices, Claims WonderFi CEO<\/title>\n<meta name=\"description\" content=\"Bitcoin (BTC) recently achieved an all-time high of over 100,000 Canadian dollars, currently 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