Crypto
Bitcoin (BTC) Price Up 5% to $61K Ahead of Fed, but Binance Order Books Suggest Rally Could Be Capped
Market dynamics can be complex, with the possibility of significant cuts causing uncertainty among investors. According to analysts at K33 Research, substantial cuts in the market have historically been associated with increased recession risks in the United States. This was observed during the 2001 and 2007 recessions, highlighting the potential implications of such actions on risk asset prices.