Nansen Analyst: The crypto market has absorbed the impact of the Federal Reserve's potential two rate cuts in 2024

ChainCatcher news, according to TheBlock, Nansen.ai Chief Research Analyst Aurelie Barthere stated that the cryptocurrency market has already absorbed the impact of two potential interest rate cuts by the Federal Reserve in 2024. The longer the high interest rate regime lasts, the greater the downside risks. A slowdown in growth is not good for cryptocurrencies. Meanwhile, there is a constructive attitude towards cryptocurrencies strategically, but caution is maintained regarding signs of weak growth.