Placeholder Partner: Fed Rate Cut Next Week Could Trigger Short-Term Risk Appetite, But Market Sentiment May Quickly Turn Bearish

BlockBeats News, September 10, Former Ark Invest Crypto Lead, now Placeholder VC Partner Chris Burniske said, "The Fed's rate cut next week may trigger a risk-on impulse in the market, but the market is likely to quickly turn pessimistic after the initial rally as it worries about 'those not optimistic factors'."

Therefore, Bitcoin may initially follow the trend of gold, but if risk assets are sold off in the fourth quarter, I expect cryptocurrency to be significantly impacted."