Hopes for a 50 Basis Point Fed Rate Cut Revive Crypto Fund Inflows
Inflows into cryptocurrency investment funds amounted to $436 million from September 8 to 14, following an outflow of $726 million the previous week, according to CoinShares. Data: CoinShares. Analysts attributed the reversal in dynamics to a sharp increase in expectations for a 50 basis point cut in the interest rate by the Fed. The likelihood […]