Bitcoin Trump rally could wane ahead of end-Jan FOMC meeting: 10x Research
Markus Thielen, the founder of 10x Research, has expressed concerns about the potential impact of the Federal Reserve’s decisions on Bitcoin’s future price movements. In an interview, Thielen stated that the Fed’s actions could pose a significant risk to the cryptocurrency’s growth and hinder its potential for another surge in value. He emphasized that the Fed’s policies and decisions have a direct influence on the global economy, which in turn affects the demand for Bitcoin. Thielen’s remarks highlight the interconnectedness of traditional financial systems and the emerging cryptocurrency market, and the potential for external factors to impact Bitcoin’s trajectory. As such, investors and enthusiasts should closely monitor the Fed’s actions and their potential implications for the cryptocurrency market.
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