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What Does the Fed's Latest Move Mean for BTC?

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stansberryresearch.com

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Sat, Sep 21, 2024 03:03 PM

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Last Wednesday, the Federal Reserve made a bold move... They lowered interest rates by a half-point.

Last Wednesday, the Federal Reserve made a bold move... They lowered interest rates by a half-point. This aggressive cut took many of the brightest financial minds by surprise – 86% of economists predicted only a quarter-point reduction. [Stansberry Research] What Does the Fed's Latest Move Mean for BTC? --------------------------------------------------------------- Last Wednesday, the Federal Reserve made a bold move... They lowered interest rates by a half-point. This aggressive cut took many of the brightest financial minds by surprise – 86% of economists predicted only a quarter-point reduction. But the so-called "bitcoin whales" – individuals or entities who hold at least 100 bitcoins – were prepared. [They've been quietly accumulating the digital asset for the past month.]( In fact, the number of bitcoin whales has recently broken a 17-month high. So it wasn't surprising to see that just 24 hours after the Fed made its announcement, bitcoin soared by more than 6%. What's happening to the world's biggest cryptocurrency? [And what does it mean for your money?]( Albeit some volatility, the 'smart money' has been buying bitcoin funds hand over fist this year: - Goldman Sachs ($418 million) - Millenium ($2 billion) - Morgan Stanley ($270 million) - Bracebridge Capital ($434 million) - Hightower Advisors ($68 million) - Point72 ($78 million) Meanwhile, the mainstream media has declared bitcoin dead 415 times... leaving millions of retail investors to wonder: ["Where is bitcoin going next?"]( To get that answer, I recently sat down with 11-year crypto veteran Eric Wade, who invented a strategy that helps him identify high-quality cryptocurrencies before they skyrocket. (It found bitcoin before it soared nearly 1,800%.) He showed me [how bitcoin is about to take a surprising turn...]( that nearly no one on Wall Street is expecting. It involves a mechanism embedded in bitcoin's code that rocks the crypto market like clockwork every four years. I urge you to watch at least the first five minutes of our interview before you make another financial decision. [It's 100% free when you click here.]( In short, If you currently own a single cryptocurrency or stock... [It's time to take immediate action.]( Regards, Tom Mustin Media Correspondent, Stansberry Research Published by Stansberry Research. You have received this e-mail as part of your optin to Stansberry Research. If you no longer wish to receive special offers from Stansberry Research, [click here](. You're receiving this e-mail at {EMAIL}. Stansberry Research welcomes comments or suggestions at feedback@stansberryresearch.com. This address is for feedback only. For questions about your account or to speak with customer service, call 888-261-2693 (U.S.) or 443-839-0986 (international) Monday-Friday, 9 a.m.-5 p.m. Eastern time. Or e-mail info@stansberryresearch.com. Please note: The law prohibits us from giving personalized financial advice. © 2024 Stansberry Research. All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited without written permission from Stansberry Research, 1125 N Charles St, Baltimore, MD 21201 [stansberryresearch.com](.

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