{"id":3347,"date":"2024-09-03T23:30:51","date_gmt":"2024-09-03T23:30:51","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=3347"},"modified":"2024-09-03T23:30:51","modified_gmt":"2024-09-03T23:30:51","slug":"analysts-anticipate-bitcoin-falling-to-40k-level-as-fed-rate-cuts-loom","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=3347","title":{"rendered":"Analysts Anticipate Bitcoin Falling to $40K Level as Fed Rate Cuts Loom"},"content":{"rendered":"<p>Bitfinex\u2019s analysts expect bitcoin\u2019s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The \u201chistorical price action for September also aligns with our view of a projected 20 percent drop in bitcoin prices following a rate cut,\u201d the Bitfinex analysts said. Bitfinex Predicts Bitcoin [\u2026]<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitfinex\u2019s analysts expect bitcoin\u2019s price to potentially drop to the low $50,000s or mid $40,000s if the Federal Reserve cuts interest rates this month. The \u201chistorical price action for September also aligns with our view of a projected 20 percent drop in bitcoin prices following a rate cut,\u201d the Bitfinex analysts said. Bitfinex Predicts Bitcoin [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":3348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-3347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/3347"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3347"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/3347\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/3348"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}