One costs $23,000 Bitcoin-Unit on Saturday noon as much as a week ago. Crypto investors are looking at big tension to the upcoming central bank meetings of the USfed and ECB. the Hope It is great that the pace in the current interest rate hike cycle will at least not be further accelerated.
Fed and ECB meetings in focus – Investors hope for a slowdown in the pace of rate hikes
After a few rate hikes of 0.75 percentage points each and a step of 0.50 units in December, a jump of 0.25 points is expected at the first central bank meeting of the new year. However, this step should already be more or less priced into the market. Against this background, the press conference planned to follow should be of greater importance. These should be examined for any indications of future monetary policy.
In view of the recent fall in consumer prices, some investors are expecting interest rate cuts again towards the end of the year.
In a potential low interest rate environment, crypto assets could potentially find breeding ground again.
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