Bybit Institutional Business Head: Interest Rate Cuts May Be Short-Term Positive for Crypto Markets, But Investors Must Remain Cautious Amid Current Volatility

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September 19, 2024
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According to Chris Aruliah, Bybit's Head of Institutional Business, the recent 0.5% interest rate cut by the Federal Reserve could drive capital away from banks and towards the stock market, increasing investment in high-risk assets including cryptocurrencies. Lower interest rates reduce the returns on traditional investment tools, prompting investors to diversify their portfolios through cryptocurrencies. However, global economic slowdown, weak economic indicators, and geopolitical uncertainty continue to dampen investor sentiment. While the rate cut might be a short-term positive for the crypto market, investors need to remain cautious amid current volatility.

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