Forbes - Bitcoin and cryptocurrencies soar on hopes of Fed dovishness and potential Biden bailout, but recession and political risks hover

in blockchain •  last year 

https://www.forbes.com/sites/digital-assets/2023/12/17/huge-2024-fed-biden-bailout-predicted-to-trigger-a-20-trillion-bitcoin-and-crypto-price-boom/?sh=4bd6afd812da
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Bitcoin and cryptocurrencies have rallied as the Fed signals possible rate cuts and Biden's potential bailout in 2024.

Lower rates and additional stimulus could boost the markets while a weaker dollar might benefit Bitcoin further.

However, risks like recession and political uncertainty remain, potentially impacting both the economy and crypto valuations.

Beware of the crypto hype!!

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blockchain horror bitcoin cryptocurrencies hopes fed biden bailout
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