Bitcoin Price Target
The increasing interest from institutional investors suggests a favorable scenario resulting from comprehensive evaluations. The growing engagement of professional investors is likely to empower individual investors as well. This shift in market psychology could lead to heightened risk appetites and improved cash flow from new investors.
Interest Rate Cuts
“The September PCE inflation, which is the Fed’s preferred inflation measure, decreased to 2.1%, aligning with expectations. The Core PCE inflation remained unchanged at 2.7%, which is above the anticipated 2.6%.”It has been six months since the decline in core PCE. Did we really need a 50 basis point cut? The August PCE inflation has also been revised from 2.2% to 2.3%. Both core PCE and CPI inflation remain high and stubborn.”
If the current trend continues, experts caution that there is a risk of stagnation in interest rate cuts, indirectly warning cryptocurrency investors as well.