Fed Rate Cut: Will It Spark Risk Appetite or Cause Crypto Concerns?

Chris Burniske, former head of crypto at Ark Invest and current partner at Placeholder VC, has weighed in on the Federal Reserve’s potential rate cut. He believes that while such a move might initially boost market sentiment for risk assets, it could ultimately lead to pessimism as concerns arise. Burniske suggests Bitcoin may follow gold in this instance, but if risk assets face a downturn in the fourth quarter, cryptocurrency markets could be significantly impacted.