News
Significance:
6/10

Fed cuts rates by quarter point as shutdown data blackout clouds outlook

https://www.theblock.co/post/376825/fed-cuts-rates-by-quarter-point-as-shutdown-data-blackout-clouds-outlook

Jason Shubnell

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bearish
Bitcoin is exhibiting a potential double top pattern, a bearish signal, and daily exchange volumes have dropped off a cliff.
Bullish
The long-term investment case for Bitcoin remains intact with easing monetary conditions globally.
Bullish
Ethereum could potentially retest the $5K psychological barrier as policy tailwinds, liquidity rotation, and positive sentiment converge.