#FOMCWatch
🚀 Why can SafeBSC (or altcoin cryptocurrency) soar?
Assuming that SafeBSC is a token/altcoin — if the FOMC lowers interest rates/increases liquidity:
The flow of funds into risk assets (cryptocurrency & altcoins) could increase, so the opportunity for a “pump” for altcoins like SafeBSC is open.
Positive sentiment from the cryptocurrency market: investors are likely to “look for speculation” when interest rates are loose — suitable for altcoins with great potential.
The decline of the dollar and the strengthening of cryptocurrency assets could attract global investors, including from Asia (you too 😎).
