Analyst: Risk assets such as Bitcoin are defying the Fed’s low interest rate cut expectations
An analyst has stated that risky assets such as Bitcoin seem to be able to withstand the stickiness of inflation in the United States and the decreased likelihood of a rate cut by the Federal Reserve in the first half of this year. The market predicts that Bitcoin is poised to reach a new all-time high this year with confidence.
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This week’s NFT trading volume reached $164.3 million, up 5.8% from last week