#美联储降息 U.S. stocks opened lower today, and market sentiment is a bit cautious. Looking at the performance of the two main cryptocurrencies, $BTC and $ETH, it seems they are also following the rhythm of the U.S. stock market.



The underlying reason still depends on the Federal Reserve's actions—interest rate cut expectations have been influencing the overall market risk appetite. Every time the Fed releases signals, the crypto market reacts noticeably, and this time is no exception.

In the short term, this linkage may continue, so it's important to watch the next moves of the U.S. stock market and the support levels of Bitcoin.
BTC-0.03%
ETH-0.22%
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)