JPMorgan sees Fed's next move an interest-rate increase, crypto bulls talk about cuts

JPMorgan analysts predict that the Federal Reserve will implement an interest-rate increase in its upcoming meetings, contrary to the expectations of some crypto investors who are hoping for rate cuts. The bank's outlook is based on current economic indicators and inflation trends. Meanwhile, crypto bulls argue that a rate cut could bolster the cryptocurrency market by increasing liquidity and encouraging investment. This divergence in expectations highlights the ongoing uncertainty in both traditional finance and the crypto sector.

Read the full article: CoinDesk

Read more