Odaily星球日报讯 QCP Capital 分析师预计，考虑到本周五的美国 GDP 报告和下周的非农就业数据对比特币市场的影响，随着市场为美联储可能降息做好准备，比特币价格波动将会下降。（Theblock）

QCP Capital：随着市场预期美联储降息，比特币波动性可能会缓解

Odaily Odaily News QCP Capital analysts expect that considering the impact of this Friday&#39;s US GDP report and next week&#39;s non-farm payrolls data on the Bitcoin market, Bitcoin price volatility will decline as the market prepares for a possible interest rate cut by the Federal Reserve. (Theblock)

QCP Capital: Bitcoin volatility may ease as markets anticipate Fed rate cuts

The Odaily Planet Daily report states that on Friday, the US dollar remained stable against major currencies near a one-week high, as traders eased expectations of a significant interest rate cut by the Federal Reserve. The US dollar is expected to end a five-week losing streak, as US employment and GDP data indicate that the US economy will achieve a soft landing. All eyes are currently on the US PCE inflation data to be released later today, which may affect expectations of the pace of interest rate cuts by the Federal Reserve. Federal Reserve Chairman Powell previously stated that it is time to adjust policy. The direction forward is clear, and the timing and pace of interest rate cuts will depend on the upcoming data, the constantly changing outlook, and the balance of risks. (Gold Ten)

PCE data is expected to be released soon, which may affect the Fed's expectations on the pace of rate cuts

Nathan Thooft, a senior portfolio manager at Boston Manulife Investment Management, said that given the relatively better performance of the US economy compared to the rest of the world, the market's expectations for the Fed's rate cuts are too aggressive. Therefore, he expects the decline in the US dollar to be limited in the future and does not have enough confidence to make large-scale currency bets. (Gold Ten)

Boston Manulife: Market expectations for Fed rate cuts are too aggressive

Federal Reserve Chairman Powell recently stated that "the time has come to adjust policy," hinting that a rate cut is imminent.
Will a Federal Reserve rate cut necessarily drive up the price of Bitcoin?
Will the cryptocurrency market necessarily benefit from a rate cut?
This article will delve into this issue, analyzing how Federal Reserve rate cuts affect the rise in Bitcoin prices, as well as the risks that need to be considered.
01 Purpose and Background of Rate Cuts
The main purpose of the Federal Reserve's rate cuts is to lower borrowing costs and stimulate economic activity. In recent years, inflationary pressures, global trade frictions, and the COVID-19 pandemic have made the Federal Reserve more cautious in its monetary policy, with rate cuts typically occurring when economic growth is...