The probability of a Fed rate cut in the US has risen to 80% for September.
Capitalism renews itself through crises.
Unemployment rises → employment falls → interest rates decrease → consumption increases.
House and car are purchased. Monetary expansion begins.
The bull season begins with a shift towards risky assets.
Now we are right in the middle of that cycle.
#bitcoin # altcoin
Capitalism renews itself through crises.
Unemployment rises → employment falls → interest rates decrease → consumption increases.
House and car are purchased. Monetary expansion begins.
The bull season begins with a shift towards risky assets.
Now we are right in the middle of that cycle.
#bitcoin # altcoin
BTC1.75%