Your current location is:FTI News > Exchange Dealers
Bitcoin surges on interest rate cut expectations, cryptocurrency market rebounds
FTI News2025-08-01 04:55:53【Exchange Dealers】1People have watched
IntroductionWhich Forex brokers to choose,Hong Kong's top ten foreign exchange dealers,As the market anticipates the Federal Reserve's imminent announcement of a rate cut to boost th
As the market anticipates the Federal Reserve's imminent announcement of a rate cut to boost the economy and Which Forex brokers to choosestimulate demand for speculative assets, the cryptocurrency market is experiencing a noticeable surge. Bitcoin once rose by 6%, reaching its highest point in over a month, while other cryptocurrencies like Ethereum and Solana also followed suit. The market widely believes that there is a high likelihood of a Fed rate cut this time, especially as expectations for a 50 basis point cut bolster market optimism.
Shi Liang Tang, President of Arbelos Markets, stated that the increasing correlation between cryptocurrencies and traditional financial markets is one of the key driving factors behind the rise in assets such as Bitcoin. Additionally, MicroStrategy's recent announcement of increasing its Bitcoin holdings has further boosted investor confidence.
Despite Bitcoin's recent strong performance, market volatility remains significant. Future trends will depend on the Federal Reserve's policy direction and market reactions. As an emerging asset class, cryptocurrencies are playing an increasingly important role in the context of global monetary policy changes.
Risk Warning and DisclaimerThe market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
Very good!(5)
Related articles
- BHP's profits plummet, but confidence in the Chinese market remains strong.
- Former Deputy Governor of the Bank of Japan: Expected to continue raising interest rates to over 1%
- Russia starts using Bitcoin for trade; Finance Minister sees digital payments as the future.
- Federal Reserve officials warn of risks associated with Trump's policies.
- Market Insights: Apr 23rd, 2024
- The rupee hits a historic low as interventions fail to offset slowing growth and uncertainty.
- The US dollar rose, the euro fell, and Trump's tariff plan drew attention.
- 2025 Outlook: Renminbi Resilience Amid a More Rational Forex Market
- The talent gap in the U.S. chip industry is increasingly widening.
- Trump's tariff statement strengthens the dollar, but economists warn of potential backfire.
Popular Articles
- CySEC revokes the AIFM license of Drayton Park Advisors.
- The Renminbi declined in November but has rebounded, driven mainly by the strong US dollar.
- The Bank of Canada cut rates by 50 basis points to address Trump’s tariff risk.
- Gold may hit a 2025 record, driven by geopolitics and central bank buys.
Webmaster recommended
Market Insights: Jan 9th, 2024
The U.S. dollar index hit a two
The Fed may cut rates by 75bps, boosting U.S. stocks with global trends and territorial expansion.
The Japanese yen appreciates approaching the 152 mark, while the US dollar weakens.
Market Insights: Feb 4th, 2024
BNP Paribas 2025 Outlook: Fed to maintain policy stance, U.S. Treasury yields likely to rise.
Russia starts using Bitcoin for trade; Finance Minister sees digital payments as the future.
Japan's Finance Minister: Closely Monitoring U.S. Tariff Policy and Exchange Rate Impact