Oh my god, I recently saw news about the new Federal Reserve Chair, and I feel a bit stunned but super excited😄



I heard that the probability of Haskett's election has skyrocketed to 86%. This guy seems to be quite friendly towards cryptocurrencies? He also held Coinbase stock before and said that Bitcoin will "rewrite financial rules." Does this sound like good news for us newcomers in the crypto world?

But I have to admit, I still find it a bit hard to understand how macroeconomic events can influence Bitcoin😅. Rate cuts, QE, inflation... These words keep appearing in the news, but do they have a direct relationship with the rise and fall of crypto prices?

In the comments, someone said that if Haskett takes office, the second half of the year might see a bull market🚀. Is this a real prediction or just industry optimism? I'm still in the watching phase and not daring to jump in recklessly, but if such expectations exist, shouldn't I start gradually learning some basic knowledge to prepare?

Can any expert explain how the Federal Reserve Chair's decisions can affect Bitcoin prices? This has been a question I haven't quite understood since I started investing🤔.
BTC0.12%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)