The relationship between the US benchmark interest rate and the S&P 500 market capitalization shows that each round of interest rate cuts is accompanied by a bull market. It's quite simple, because the Federal Reserve's interest rate is the anchor for asset pricing:

Expected return on assets 🟰 Risk-free rate ➕ Risk premium

The risk-free rate here is actually the Federal Reserve's interest rate. For example:

Assuming a 10-year Treasury yield of 4%, and a risk premium of 6% for a certain stock, if the present value of the company's future cash flows is insufficient to support a 10% return, the stock price will fall until it meets the required yield.

Conversely, if the Federal Reserve's interest rate falls to 0, then the company's expected return only needs to exceed 6% to satisfy the current valuation. If the company's expected return goes up 📈, then its stock price will inevitably rise 📈.

The cryptocurrency market is almost correlated with the US stock market, and I believe that with the onset of the interest rate cut cycle, this bull market is just beginning!

This is why I have held onto BNB from 300 dollars to now 1000 dollars. Brothers, hold onto your BNB in hand, and don't miss this once-in-a-decade opportunity to profit from the interest rate cut cycle!

I believe that the current 1000 dollar BNB is just the beginning! Looking back, buying now is still not expensive!