LeYi
It only takes 3 minutes to explain why the Federal Reserve's rate cut caused Bitcoin to fall instead of rise, turning it into a trap.
Many people were confused when they checked the market this morning. Clearly, everyone was saying that the Federal Reserve had cut rates, but Bitcoin not only didn't rise, it suddenly dropped sharply. Is it fake news?
Don't panic. Break down those complicated financial terms, and you'll see that what appears to be good news is actually a trap.
1. The so-called good news is nothing new
The Fed cut rates by 25 basis points this time, bringing the interest rate to
Many people were confused when they checked the market this morning. Clearly, everyone was saying that the Federal Reserve had cut rates, but Bitcoin not only didn't rise, it suddenly dropped sharply. Is it fake news?
Don't panic. Break down those complicated financial terms, and you'll see that what appears to be good news is actually a trap.
1. The so-called good news is nothing new
The Fed cut rates by 25 basis points this time, bringing the interest rate to
BTC1.24%
