What Does the Fed's Latest Move Mean for BTC?
Last Wednesday, the Federal Reserve made a bold move... They lowered interest rates by a half-point. This aggressive cut took many of the brightest financial minds by surprise – 86% of economists predicted only a quarter-point reduction. But the so-called "bitcoin whales" – individuals or entities who hold at least 100 bitcoins – were prepared. They've been quietly accumulating the digital asset for the past month. In fact, the number of bitcoin whales has recently broken a 17-month high. So it wasn't surprising to see that just 24 hours after the Fed made its announcement, bitcoin soared by more than 6%. What's happening to the world's biggest cryptocurrency? And what does it mean for your money? Albeit some volatility, the 'smart money' has been buying bitcoin funds hand over fist this year: - Goldman Sachs ($418 million)
- Millenium ($2 billion)
- Morgan Stanley ($270 million)
- Bracebridge Capital ($434 million)
- Hightower Advisors ($68 million)
- Point72 ($78 million)
Meanwhile, the mainstream media has declared bitcoin dead 415 times... leaving millions of retail investors to wonder: To get that answer, I recently sat down with 11-year crypto veteran Eric Wade, who invented a strategy that helps him identify high-quality cryptocurrencies before they skyrocket. (It found bitcoin before it soared nearly 1,800%.) He showed me how bitcoin is about to take a surprising turn... that nearly no one on Wall Street is expecting. It involves a mechanism embedded in bitcoin's code that rocks the crypto market like clockwork every four years. I urge you to watch at least the first five minutes of our interview before you make another financial decision. It's 100% free when you click here. In short, If you currently own a single cryptocurrency or stock... It's time to take immediate action. Regards, Tom Mustin
Media Correspondent, Stansberry Research | 
No comments:
Post a Comment