News
Significance:
5/10

Wall Street veteran warns Powell’s Fed cut is ‘no panacea’ for crypto

https://www.thestreet.com/crypto/markets/wall-street-veteran-warns-powells-fed-cut-is-no-panacea-for-crypto

Mehab Qureshi, Anand Sinha

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bullish
Lower discount rate typically lifts the multiple on scarce, growth-sensitive assets like Bitcoin.
Bullish
Lower discount rate typically lifts the multiple on scarce, growth-sensitive assets like ETH.
Bearish
XRP drifted lower post-announcement, showing lackluster response.
Bearish
Fed's cautious tone and uncertainty about tariffs rattled investors.