The crypto market, being one of the highest risk assets and sensitive to liquidity, is directly influenced by the interest rate scenario in the US.
Positive Impact of the Cut: The reduction of the Fed's interest rates tends to be highly beneficial for the crypto market (Bitcoin, BNB, Ether, etc.). Increase in Liquidity: Lower interest rates inject more liquidity into the global financial system.
Whale Moves $28.69M Worth of ETH to Centralized Exchange After 100-Day Hold
Gate News bot message, a significant cryptocurrency movement has been observed where a whale transferred 10,176 ETH (valued at $28.69 million) to centralized exchanges after converting it from SETH. The funds remained unmoved for 100 days prior to this transaction.
Historical tracking reveals that
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The crypto market, being one of the highest risk assets and sensitive to liquidity, is directly influenced by the interest rate scenario in the US.
Positive Impact of the Cut: The reduction of the Fed's interest rates tends to be highly beneficial for the crypto market (Bitcoin, BNB, Ether, etc.).
Increase in Liquidity: Lower interest rates inject more liquidity into the global financial system.
Historical tracking reveals that