Live updates: Bitcoin slumps as Clarity Act passage odds fade

Live updates: Bitcoin slumps as Clarity Act passage odds fade

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

A viral weekend post by well-known economist Mark Zandi suggested that the Fed was on the verge of a policy error if it hikes the fed funds rate this week.

“To hit its inflation objective, the Fed either needs to rein in the AI boom or put even more pressure on the rest of the economy,” said Zandi.

Of course, it doesn’t have to choose either.

It can wait.” Jim Bianco disagreed, saying the Fed’s policy error began in September 2024 when it embarked on an almost two-year cycle of rate cuts.

Treasury yield — which stood at just 3.7% when the Fed first trimmed rates on Sept.

18, 2024 — has risen since (currently above 5%).

This is unprecedented, according to Bianco, who showed that yields at the long end have fallen through every rate-cutting cycle going back 50 years.

“The Fed made the mistake two years ago by cutting rates, and the market has been rejecting it through higher yields from 2-year to 30-year,” said Bianco.

Analiz: Piyasa hareketliliği devam ediyor.