The Federal Reserve's Surprise Rate Cut! Bitcoin May Face a Key Turning Point Tonight
Tonight in Beijing time, the Federal Reserve unexpectedly announced a decision to cut interest rates, instantly stirring the global financial markets. As digital gold, Bitcoin stands at a critical price crossroads in the face of this significant monetary policy adjustment.
Interest Rate Cuts and Bitcoin: A Dual Interpretation of History and Logic
Historically, the Federal Reserve's interest rate cut cycles often have a profound impact on Bitcoin prices. Looking back at the emergency rate cuts during the pandemic in March 2020, Bitcoin first experienced a period of intense volatility, followed by a bull market that lasted for several months. The underlying logic is: