This Could Make Bitcoin Prices to Skyrocket
this is a shocking number about $6 trillion dollar right now are parked on the sidelines in money market accounts due to high interest rates now can you imagine what is going to happen when the Federal Reserve decides to cut those interest rates and suddenly those money market accounts become a lot less attractive while a chunk of this money is probably going to go into investment instruments like stocks like crypto obviously not all Six Trillion but even if only 5% or $300 billion of this goes to buying Bitcoin and Bitcoin ETFs that would still increase bitcoin’s market cap and price by a lot of money let’s just say and we’re not even factoring in the fomo or the fact that several countries are considering Bitcoin ETFs and all these new buyers Pension funds all this stuff coming all the time it’s absolutely crazy and we’re probably not even close to bullish enough
With $6 trillion sidelined due to high interest rates, imagine the impact when the Fed cuts rates.
Even 5% ($300 billion) flowing into Bitcoin and ETFs could boost Bitcoin’s market cap and price by 40%.
And that’s without FOMO or countries considering Bitcoin ETFs. We might not be bullish enough!
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6 Comments
Just when I thought I had a grasp on the subject, someone comes along with a completely new angle. Love the challenge!๐
Please let us know by friday how your altcoins did this week ๐
6 Trillion baby!!!!
Retail is broke though
Oasis Network (ROSE) is the most underated altcoin.
They overtook NEAR as the most frequently developed AI crypto project.
They also recently partnered with Google Cloud to pioneer differential privacy in data analytics and AI.
I would love it, but why would the Fed cut interest rates? Iโm not saying they shouldnโt.