BlockchainTalker
The recent market rally has been absolutely explosive, and a lot of people are asking: where did this crazy bull run come from?
To be honest, there’s more than one driving force behind it.
**Let’s start with the money flow.** The probability of the Fed cutting rates by 25 basis points on December 10 has soared to 89.2%, and they previously injected $13.5 billion into the banking system. Once the rate cut happens, a weaker dollar and lower US Treasury yields are pretty much a sure thing—which means a fresh wave of liquidity for high-risk assets like cryptocurrencies. A lot of smart money has al
View OriginalTo be honest, there’s more than one driving force behind it.
**Let’s start with the money flow.** The probability of the Fed cutting rates by 25 basis points on December 10 has soared to 89.2%, and they previously injected $13.5 billion into the banking system. Once the rate cut happens, a weaker dollar and lower US Treasury yields are pretty much a sure thing—which means a fresh wave of liquidity for high-risk assets like cryptocurrencies. A lot of smart money has al
