#BTC# A report from Golden Finance in September shows that the strong US employment report suggests that the pace of interest rate cuts may slow down, but it is still good for Bitcoin as investors become interested in riskier assets. Zach Pandl, the research director of Grayscale, said: 'While the economy is growing steadily, discussions about the Federal Reserve's interest rate cuts and debates about expanding government deficits are still ongoing. This should be a net positive for investors' risk appetite, but it may rekindle inflation risks in the medium term.'
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#BTC# A report from Golden Finance in September shows that the strong US employment report suggests that the pace of interest rate cuts may slow down, but it is still good for Bitcoin as investors become interested in riskier assets. Zach Pandl, the research director of Grayscale, said: 'While the economy is growing steadily, discussions about the Federal Reserve's interest rate cuts and debates about expanding government deficits are still ongoing. This should be a net positive for investors' risk appetite, but it may rekindle inflation risks in the medium term.'