Bitcoin price action ‘tough to call’ after Fed rate decision — Zerocap

From Cointelegraph

September 16, 2024 9:58:14 pm:

Bitcoin’s price could reach $65,000 due to upcoming rate cuts, but analysts predict US election uncertainty may hinder crypto asset prices.

Experts predict a potential rally for Bitcoin to $65,000 post rate cuts, with concerns of US election uncertainty impacting crypto prices negatively.

Bitcoin’s value may surge to $65,000 in the wake of upcoming rate cuts, but uncertainty surrounding the US election could prolong lower crypto asset prices.

Despite potential rate cuts leading to a Bitcoin rally to $65,000, analysts caution that US election uncertainty could suppress crypto asset prices.

Read more at CoinTelegraph: Bitcoin price action ‘tough to call’ after Fed rate decision — Zerocap