Kaiko: Traders Bought Large Amounts of BTC Before Fed Announcement of Rate Cut
Article is form Jinse
September 19, 2024
This article is translated by ChatGPT Show original
According to Golden Finance, Kaiko revealed that traders flocked to the Bitcoin market before the Federal Reserve's rate cut decision yesterday. After the Fed decided to lower interest rates by 50 basis points, the cumulative trading volume Delta, which measures net buying and selling, was positive $50 million.
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