Bitfinex Says ‘Sell-The-News’ Reaction to Rate Cuts Could Push Crypto Markets Down in September

Research from crypto exchange Bitfinex warns that reactions to recent rate cut news could bring down crypto prices in September. In its latest research, Bitfinex speculates that Bitcoin (BTC) could fall as low as $40,000 over the coming weeks. “If we were to speculate, we would caution to expect a 15-20% decline when rates are […] source: https://dailyhodl.com/2024/09/03/bitfinex-says-sell-the-news-reaction-to-rate-cuts-could-push-crypto-markets-down-in-september/