TheKingfisher
TheKingfisher|Feb 27, 2025 16:00
With higher interest rates and less dynamic stock market conditions, crypto already lost a fundamental pillar. The chairman of the Fed said “there’s no rush” in cutting rates, thus maintaining tight liquidity and low-risk appetite. The S&P 500 index has decreased in four out of five weeks after an early rally. How do you adapt when the macro environment is against you? Bitcoin sank to a low of just under 90,000 on February 25, its lowest level since November as the digital currency eroded all of its late-2024 gains. Ethereum dropped by 9.5% while Solana and Dogecoin lost more. A sharp reversal like this is not new and has caused a similar question.
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