The post Barclays Anticipates Fed Interest Rate Cut at December Meeting appeared on BitcoinEthereumNews.com. Key Points: Barclays forecasts Fed to cut rates, implying pause soon. Rate cut aims at 3.5%-3.75% range this week. Potential indirect effects on Bitcoin, Ethereum prices. Barclays anticipates a 25 basis point interest rate cut to 3.5%-3.75% by the Federal Reserve at this week’s meeting, with a potential pause in January 2024. This cautious approach impacts risk assets like Bitcoin and Ethereum, aligning with a historical pattern where such signals precede increased institutional crypto investment. Barclays Predicts 25 Basis Point Rate Cut Barclays, a major investment bank, anticipates a reduction in the Federal Reserve’s interest rates in this week’s meeting. Expectations are set for a 25 basis point cut, positioning the rate at 3.5%-3.75% alongside a hawkish tone suggesting future rate cut pauses. The forecast responds to current economic conditions and aligns with Barclays’ view of the necessary adjustment to interest rates. The projected rate cut is seen as an adjustment aiming to balance economic pressures and support financial stability. By potentially increasing liquidity, the rate cut could bolster risk assets such as equities and cryptocurrencies, including BTC and ETH. However, the hawkish communication from the Fed might temper expectations of further immediate easing. Market reactions are poised to focus on the Fed’s follow-up statement, with investors closely watching how rate projections evolve. The crypto community may interpret announcements related to liquidity and risk sentiment, as significant for asset allocation amidst changing economic dynamics. Bitcoin and Ethereum’s Potential Responses to Fed Policy Did you know? Barclays’ macro interest rate forecasts have historically set trends in institutional asset allocations, significantly influencing risk assets like Bitcoin during the 2019 “insurance cuts,” which showed muted immediate impact but supported medium-term growth. According to CoinMarketCap, Bitcoin (BTC) trades at $89,932.69 with a market cap of $1.80 trillion. It holds a 58.55% market dominance. Recent… The post Barclays Anticipates Fed Interest Rate Cut at December Meeting appeared on BitcoinEthereumNews.com. Key Points: Barclays forecasts Fed to cut rates, implying pause soon. Rate cut aims at 3.5%-3.75% range this week. Potential indirect effects on Bitcoin, Ethereum prices. Barclays anticipates a 25 basis point interest rate cut to 3.5%-3.75% by the Federal Reserve at this week’s meeting, with a potential pause in January 2024. This cautious approach impacts risk assets like Bitcoin and Ethereum, aligning with a historical pattern where such signals precede increased institutional crypto investment. Barclays Predicts 25 Basis Point Rate Cut Barclays, a major investment bank, anticipates a reduction in the Federal Reserve’s interest rates in this week’s meeting. Expectations are set for a 25 basis point cut, positioning the rate at 3.5%-3.75% alongside a hawkish tone suggesting future rate cut pauses. The forecast responds to current economic conditions and aligns with Barclays’ view of the necessary adjustment to interest rates. The projected rate cut is seen as an adjustment aiming to balance economic pressures and support financial stability. By potentially increasing liquidity, the rate cut could bolster risk assets such as equities and cryptocurrencies, including BTC and ETH. However, the hawkish communication from the Fed might temper expectations of further immediate easing. Market reactions are poised to focus on the Fed’s follow-up statement, with investors closely watching how rate projections evolve. The crypto community may interpret announcements related to liquidity and risk sentiment, as significant for asset allocation amidst changing economic dynamics. Bitcoin and Ethereum’s Potential Responses to Fed Policy Did you know? Barclays’ macro interest rate forecasts have historically set trends in institutional asset allocations, significantly influencing risk assets like Bitcoin during the 2019 “insurance cuts,” which showed muted immediate impact but supported medium-term growth. According to CoinMarketCap, Bitcoin (BTC) trades at $89,932.69 with a market cap of $1.80 trillion. It holds a 58.55% market dominance. Recent…