In the history of the United States, the interest rates fell sharply six times, and this is the seventh time. If the U.S. stock market plummets, can the currency circle be immune? In the history of the United States, multiple interest rate cuts are often accompanied by market turbulence, especially sharp corrections in the stock market. Faced with the current seventh interest rate cut, U.S. stocks have experienced significant declines. So, can the currency circle be on its own this time?
The answer to this question is not absolute and depends on a variety of factors, including but not limited to the global economic situation, investor sentiment, policy changes, and the intrinsic dynamics of the cryptocurrency market.
Historically, there does exist some co-movement between the cryptocurrency market and traditional financial markets, especially when risk appetite declines, cryptocurrencies are often affected as well.
However, the cryptocurrency market also has its own uniqueness, such as factors such as technological innovation community drive, which may weaken the impact of the external economic environment on it to a certain extent. In addition, as the cryptocurrency market matures, it sometimes displays out-of-sync with traditional markets.
In general, although the cryptocurrency market is likely to be affected by the decline of U.S. stocks, it may also show different trends due to its own characteristics.
