Fed's indication of fewer rate cuts rattles markets and impacts Bitcoin's recent gains.

From Nasdaq: 2024-12-30 05:03:03

The Fed’s indication of fewer rate cuts has rattled markets, impacting Bitcoin’s recent gains. Despite a strong 2024 outlook, risks of corrections remain. Leveraged positions and market manipulation add to the volatility. Consider a High-Quality portfolio for smoother returns. Historical data shows Bitcoin’s susceptibility to panic-driven crashes due to leverage, emphasizing the risks involved. As Bitcoin positions continue to be heavily leveraged, the potential for cascading liquidations and market crashes remains high. Covid and past incidents have shown the downside of leverage on Bitcoin’s price stability. The Trefis High-Quality Portfolio offers a more stable investment option with consistent outperformance over the S&P 500. Bitcoin’s returns, while impressive, come with higher volatility and risk compared to the Trefis Portfolio. As of December 24, 2024, Bitcoin has seen a return of 146% YTD and 1093% since 2017. In comparison, the S&P 500 has returned 25% YTD and 167% since 2017, while the Trefis Reinforced Value Portfolio has returned 19% YTD and 760% since 2017. Invest with Trefis for market-beating portfolios and price estimates.



Read more at Nasdaq: With Fed’s December Surprise, Can Bitcoin Plunge To $80,000?