💰Bitcoin Hits 1.7% of Global Money Supply Amid Fed Rate Cut Signals
Bitcoin’s market cap reaches $2.4T, about 1.7% of global money supply, rising over 2% after Fed Chair Powell hinted at upcoming rate cuts. Lower interest rates boost Bitcoin’s appeal as a hedge, supporting its upward trend. Current price: $115,084.
📱@Money 📱Twitter
Bitcoin’s market cap reaches $2.4T, about 1.7% of global money supply, rising over 2% after Fed Chair Powell hinted at upcoming rate cuts. Lower interest rates boost Bitcoin’s appeal as a hedge, supporting its upward trend. Current price: $115,084.
📱@Money 📱Twitter
Top companies with the largest Bitcoin balances. Who could have imagined such a thing a couple of years ago
▶️@usaXbot
▶️@usaXbot
📊 Fed cuts near all-time highs
History says rate cuts this close to ATHs are rocket fuel for equities.
Since 1980, whenever the Fed cut within 2% of an ATH, the S&P 500 finished higher 12 months later 20 out of 20 times.
🟡 3-month median return: +6%
🟡 6-month median return: +11%
🟡 12-month median return: +19%
The hit rate is 100%.
The market doesn’t fear cuts at highs - it rallies on them.
History says rate cuts this close to ATHs are rocket fuel for equities.
Since 1980, whenever the Fed cut within 2% of an ATH, the S&P 500 finished higher 12 months later 20 out of 20 times.
🟡 3-month median return: +6%
🟡 6-month median return: +11%
🟡 12-month median return: +19%
The hit rate is 100%.
The market doesn’t fear cuts at highs - it rallies on them.
The market doesn't care about your dreams.
It rewards your skills.
You can complain or you can learn.
Only one pays. 💰
It rewards your skills.
You can complain or you can learn.
Only one pays. 💰
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🇻🇪 Venezuela Turns to Stablecoins as a Financial Lifeline
According to Latam Insights, Venezuelans are increasingly turning to USDT and USDC to preserve value and handle daily payments.
💰 Businesses and employees use stablecoins for salaries and transactions.
🟠 Government restrictions on currency exchange push citizens further toward crypto.
According to Latam Insights, Venezuelans are increasingly turning to USDT and USDC to preserve value and handle daily payments.
💰 Businesses and employees use stablecoins for salaries and transactions.
🟠 Government restrictions on currency exchange push citizens further toward crypto.
A Key to Web3 🔑
JUST IN: The Federal Reserve will host a conference on payments innovation on October 21st.