Bitcoin, Solana, DOGE affected by FED’s recent decision

Delayed interest rate decisions by the FED have been a norm but present a great opportunity for massive gains for crypto.

The Federal Reserve cut interest rates too late in 2020, raised them too late in 2022, and again they are cutting them too late in 2024, as market analyst PatricThis consistent delay in decisions has impacted financial markets. It’s now expected that the Fed will cut rates from September to December monthly as per target rate probabilities.

However, it hurts ordinary people who only have cash because it causes inflation, making their money less valuable. This happened in 2020 as well. After breaking out of a descending wedge in 2020, BTC rallied to a new ATH following the COVID-19 crash.

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