Kevin O’Leary Sees Minimal Impact of Potential Fed Rate Cut on Bitcoin

Despite market expectations for a Federal Reserve rate cut, entrepreneur and investor Kevin O’Leary remains unconcerned about its impact on Bitcoin. He anticipates the cryptocurrency to remain relatively stable within a 5% price range regardless of the decision. O’Leary believes that ongoing inflationary pressures will prevent a significant price shift. This outlook contrasts with market sentiment which largely favors a rate cut. Notably, he sees Bitcoin as a hedge against inflation and expects it to hold steady amidst potential economic shifts.