The Federal Reserve is expected to cut interest rates by 25 basis points this week and may inject $4.5 billion in liquidity, which is seen as positive news for the crypto market. Analysts believe that an easing policy will drive capital inflows into crypto assets. Interest rate cuts and liquidity injections usually lower borrowing costs and increase market liquidity, making investors more willing to enter high-risk assets such as cryptocurrencies, thereby pushing up Ethereum prices.



BitMine increased its holdings by 138,452 ETH, showing institutional confidence in Ethereum’s future trend. Tom Lee is optimistic about Ethereum strengthening in the coming months. Large-scale institutional accumulation usually indicates a positive outlook for the asset, directly increasing demand and indirectly driving prices higher by boosting market confidence.

The Fed's rate cut will extend the rebound in cryptocurrencies, especially as Bitcoin and Ethereum have attracted buying interest after the recent pullback. #美联储降息预测
ETH-2.95%
BTC0.6%
View Original
post-image
post-image
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)