Bitwise CIO downplays price 'hiccup' amid Bitcoin bull trend after FOMC shakes markets
Bitcoin’s price experienced a sharp pullback following the US Federal Reserve’s recent rate cut, but market experts like Bitwise CIO Matt Hougan remain optimistic about the asset’...
Source: CryptoSlate
Bitcoin’s price experienced a sharp pullback following the US Federal Reserve’s recent rate cut, but market experts like Bitwise CIO Matt Hougan remain optimistic about the asset’s long-term trajectory. On Dec. 18, the Federal Reserve announced a 25-basis-point rate cut, scaling back its outlook for 2024 to two cuts instead of the previously expected four. […]
