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Viewpoint: The market does not expect interest rates to be cut quickly, Bitcoin volatility will intensify
BlockBeats News, October 30th, CryptoQuant analyst Axel stated in a post that starting from December 1st, gradually ending the quantitative tightening policy is slightly positive for risk assets. However, the hawkish stance of the Federal Reserve on the December interest rate meeting and yesterday's 7 basis points increase in the two-year Treasury yield indicate that the market does not expect a rapid rate cut. This restricts the upside and effectively suppresses risk appetite, leading to increased Bitcoin price volatility.
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