[Survey] US Interest Rate Cut in September: What Domestic Investors Plan to Do with Crypto

IconCryptoNewsTerminal Staff25 Aug, 2024

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[Survey] US Interest Rate Cut in September: What Domestic Investors Plan to Do with Crypto

- According to a recent survey by Coinnis and Cratos, 36.9% of domestic investors believe Bitcoin will rise or surge in the coming week, while 45.7% predict a sideways movement, and 17.4% expect a decline. Despite the increased likelihood of a Fed rate cut in September, 57.1% of respondents plan to hold their crypto positions and monitor volatility. 31.5% intend to buy aggressively, and 11.4% will sell to manage risk. The survey also revealed that 52% of respondents have a neutral market sentiment, 29.3% are optimistic, and 18.7% are fearful.

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