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Rate cuts lead to a crash? The Federal Reserve, the Bank of Japan, and the Christmas holiday form a 'deadly triangle'
BTC dropped from $95,000 to $85,000, with over 200,000 people liquidated and $600 million evaporated in the past 24 hours.
Everyone is asking: Didn’t we say a few days ago that rate cuts were good news?
The answer lies in three dates: December 11 (Federal Reserve rate cut), December 19 (Bank of Japan rate hike), December 23 (Christmas holiday).
BTC dropped from $95,000 to $85,000, with over 200,000 people liquidated and $600 million evaporated in the past 24 hours.
Everyone is asking: Didn’t we say a few days ago that rate cuts were good news?
The answer lies in three dates: December 11 (Federal Reserve rate cut), December 19 (Bank of Japan rate hike), December 23 (Christmas holiday).
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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