Best Time To Invest ??? Us Elections Upcoming And Rate Cut Anticipations
— written by Job on Sept. 17, 2024, 10:18 p.m.
With only 49 days left to the general presidential elecctions, the big question still remains who is safe for the US leadership. Well as we all know the current president, Joe Bidden ( a democrat ) stepped out leaving kamala as his successor against the big man trump. Actually him being our main topic of discussion today, he still remains the healthiest candidate to the crypto markets. This somes as a result that in one of his manifestos and his regular debates..he insists on making America great again as his slogan and by that his one tactic is encouraging payments through crypto. He vows that upon being elected he will ensure crypto tecnology is not taken for granted, Elon being his number 1 billionare supporter is also in favour of this, meaning currently Bitcoin ( having more than 50% market dominace ) meaning it covers more than half of the crypto space is anticipated to move from 60k all the way to 100k in the final quarter of the yr according to what researchers say.
This is a very healthy move since its also injects volatilities in the market ( liquidity ) thus causing the pump of other coins. As for kamala we are not sure bcoz she didnt mention any thing concerning that so we can anticipate anything litteraly. With months after btc halving, ivestors were expecting a huge rally of coins but as we trail back to the 2020 halving, it took months before the actual pump
Furthermore, the US economy being on a late downtrend, we are expectiting the FED to release intrest rates today ( only announced 8 times a yr ), this is a very impacful moment in the markets since investors are expecting a rate cut today by FED in order to bring back investors to the economy in order to rejuvinate and jumpstart the economy...meaning we are envinsioning a increase in $ strenght and people coming back to invest back their money since the intrest rates are reduced. This encourages more and more investors back in the crypto markets rally a more and more bullish momentum, thus we are expecting their prices to rise once again
Anyways that was it for todays segment, I encourage all of you to do further research and make your descisions wisely especially when it comes to financial matters. But that was my bias for the day. Drop a comment down below about this and what you also want to see in future ill be following up. Turus !!😂💰💲
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