10x Research CEO: Anticipates the Federal Reserve will signal more rate cuts this year
In a note to clients on Thursday, Markus Thielen, the founder of 10x Research Company, stated that he expects the Federal Reserve to signal more rate cuts later this year as inflation has peaked. Past analysis shows that lower consumer price indices often boost Bitcoin prices. This trend is expected to continue and it's advisable to stick with Bitcoin and avoid other currencies such as Ethereum.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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