FalconX: Expectations of rate cuts will not have a long-term impact on Bitcoin

David Lawant, head of research at crypto prime broker FalconX, said that while rate cut forecasts are currently impacting prices, they may not have a long-term impact as Bitcoin’s correlation with major stock indices has already fallen. David Lawant further explained: “The slower pace of rate cuts expected in 2025 is not entirely surprising, but it has put some pressure on risk assets, including cryptocurrencies. While macro factors have traditionally influenced cryptocurrency price action, sector-specific factors may dominate in the coming weeks and months, especially as markets anticipate policy changes from the incoming administration.”