Yesterday, Kevin Warsh was sworn in as the president of the Federal Reserve of the US, but investors and traders are still not expecting any interest rate cuts for the rest of 2026. Lower interest rates are bullish for risk assets like #Bitcoin and cryptocurrencies; however, cheap credit access could also trigger inflation spikes, as it encourages individuals and institutions to take on debt at low costs and spend on investments and commercial goods.
The absence of interest rate cuts and the macroeconomic uncertainty regarding the change in the US Federal Reserve could negatively impact risk assets like BTC, cryptocurrencies, and stocks in the coming months.
The absence of interest rate cuts and the macroeconomic uncertainty regarding the change in the US Federal Reserve could negatively impact risk assets like BTC, cryptocurrencies, and stocks in the coming months.