Network economist Timothy Peterson warns that if the US Federal Reserve holds off on rate cuts in 2025, it may cause a broader market downturn, potentially dragging Bitcoin back toward $70,000. “What it needs is a trigger. I think that trigger may be as simple as the Fed not cutting rates at all this year,” Peterson said in a March 8 X post. Peterson’s comment comes just a day after Federal Reserve Chair Jerome Powell reiterated that he’s in no hurry to adjust interest rates. Fed rate cut delay may…
Fed not cutting rates ‘at all’ in 2025 may trigger a bear market — Analyst
