A 0.50% Fed Rate Cut Could Raise Alarm for Bitcoin, 10X Research Warns
The Fed is expected to begin its much-anticipating rate-cutting cycle from next week.
An aggressive Fed rate cut may signal economic worry, not reassurance, weighing over risk assets, including bitcoin, according to 10x Research.
Traders currently see a less than 30% chance of a 50 basis point rate cut next week.
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