Analysis:
CryptoNewsTerminal Staff18 Sep, 2024
Analysis:
Singapore-based crypto trading firm QCP Capital analyzed the official Telegram channel to state that "the US Federal Reserve (Fed) FOMC meeting on the 19th (Korean time) will determine the mid- to long-term direction of the investment market." He added, "There may be increased volatility in the days following the FOMC as investors adjust their positions. However, a positive change in the cryptocurrency market is expected when a full-fledged interest rate cut cycle begins."
