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Reviewing the Fed's last round of interest rate cuts
After the bull market ended in 2018, mainstream coins like BTC and ETH fell quite badly, and the entire market was sluggish.
Most retail investors are on the sidelines, institutional participation is low, and market vitality is insufficient.
July 2019: The Fed cut interest rates by 0.25 points, meaning "the economy is doing okay, but let's add some lubrication."
In the second half of 2019, BTC gradually rose from around 3000–4000 dollars to near 10,000 dollars (fluctuations before the pandemic in 2020).
September 2019: Another drop of 0.25 points, the signal is clearer - "The economy is indeed a bit slow, we continue to hold on."
October 2019: Another 0.25 point cut, the market breathed a sigh of relief.
March 2020 (initial outbreak of the pandemic): two emergency rate cuts, totaling 1.5 points, directly lowered to near-zero interest rates, representing a full-scale market rescue.
In March 2020, at the beginning of the pandemic, the Fed cut interest rates by 1.5 percentage points in one go, bringing them close to zero.
Although BTC and ETH experienced a sharp decline in the short term, the subsequent flood of liquidity directly drove a rapid rebound in the bull market.
Global funds are struggling to find high-yielding opportunities, and digital currencies have become the "digital gold," leading to a significant increase in market enthusiasm.
We are currently in the "cleansing period" of the bull market, where the main players are filtering out leverage and short-term positions, leaving opportunities for patient spot traders. Please hold onto your coins and do not get easily shaken out!
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