$Bitcoin (BTC.CC)$ If one person's words can destroy a curre...
$Bitcoin (BTC.CC)$ If one person's words can destroy a currency market, then it is not worth buying and has no value.
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Parp : I have a hunch you don't understand how economics work nor inflation. I also don't think you understand how Bitcoin really works. It's a hedge against fiat inflation. More interest rate cuts = higher money supply meaning more fiat inflation which is bullish for Bitcoin. The fed signaled it does not excpect to cut aggressively into 2025 meaning there could be less inflation than expected which means less bullish momentum for assets especially bitcoin which is a direct inflation hedge similar to gold. Following your logic the entire stock market is worthless since it dumped too.
151464977 OP Parp : I mean, the true thing is the opposite
Parp 151464977 OP : wdym
liquidityHunter : its not destroyed technically, it shows the market is working as intended
151464977 OP Parp : still health