Rate Cut, Gold & Crypto: Web3 Thoughts Of The Week
US Federal Reserve Chairman Jerome Powell and rate cuts dominated Web3 thoughts this week, but some still had time to weigh in on gold and crypto.
Speaking of rate cuts…
“The Federal Reserve’s rate cut was widely expected, though it comes at a unique moment without access to key data points like labor and inflation figures due to the government shutdown. Historically, lower rates have been supportive of digital assets, and we’d expect that trend to continue.
Historically, lower rates have been supportive of digital assets, and we’d expect that trend to continue
“As we move through earnings season, market sentiment will likely remain sensitive to corporate results…
