Binance Research: The Fed's delay in cutting interest rates is still beneficial to growth assets such as cryptocurrencies

Binance Research released the latest analysis report saying: 1. If the Fed postpones cutting interest rates because economic growth is still strong, and inflation just takes some time to fall back to 2%, then the overall background is still favorable for growth assets such as cryptocurrencies. 2. If economic growth continues to slow, inflation accelerates, and wage growth rises, the Fed may even need to consider raising interest rates, which may have a negative impact on growth assets such as cryptocurrencies. So far this year, the cryptocurrency market is still up 38% overall, indicating that it may not be all doom and gloom.