The Fed cut the interest rate by 25bp.

in hive-103599 •  last month 

1000024437.jpg

Source: Investing.com

Since it's already predicted, the crypto market hasn't be fluctuated. There's one interest rate decision left this year.

1000024439.jpg

Source: CME FedWatch Tool

It seems investors are more looking forward to the rate cut by 25bp next rate decision.

Trump won. More rate cuts are coming. It seems macroeconomic environment is on our side.

1000024441.jpg

Source: FRED

10y - 3m yield spread is about to recover from negative to positive. In the past 45 years, recessions have occured few months later after the yield spread recovered.

So, if the altcoin marketcap skyrockets the next first quarter, I'll increase cash ratio. Somehow, next summer might be difficult.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!