Jeff Park just dropped a bold statement: Don’t keep your eyes on the Federal Reserve cutting interest rates anymore. People used to think that only printing money would make BTC go up, but what if it keeps rising even as rates hike in the future? That would truly break the old world logic—meaning Bitcoin has completely shed the label of “surviving on liquidity flooding.” If it can stay strong without relying on QE, then the dominance of the US dollar and those traditional risk-free rate models might really need to be rewritten. The current market looks pretty good, at least everything is green. BTC surged to $67.6K, ETH finally climbed back above $2K, with gains even sharper than Bitcoin. But whether this rally is due to fundamental changes or just pure emotional outbursts, it’s hard to say. Anyway, if BTC really enters a “positive correlation” phase, all previous crypto trading experience might become invalid, and there’s no more need to keep trying to force the issue.

BTC-0,69%
ETH1,24%
View Original
post-image
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)