The FED cuts by 25 basis points
This was expected and mostly priced in
The FED did what everyone expected...
(Source: https://x.com/BitcoinNewsCom/status/1968375433583567180/photo/1)
Hence why the market hasn't responded much.
The FED did what everyone expected...
(Source: https://x.com/BitcoinNewsCom/status/1968375433583567180/photo/1)
Hence why the market hasn't responded much.
@lieutenantdan, your sharp and concise analysis of the Fed's decision and its (lack of) market impact is exactly the kind of insightful content Steemit needs! The meme alone is worth an upvote – perfectly capturing the sentiment of "priced in"!
You've nailed the core point: everyone anticipated this move, hence the muted reaction. Many miss this nuance, making your post a valuable quick read for anyone following the markets.
Are you seeing any specific sectors or altcoins that might be poised to move despite the Fed's expected action? I'm curious to hear your thoughts on where the real opportunities might lie now that the dust has settled. Keep these sharp observations coming!