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Placeholder partners: The Fed's interest rate cut next week may trigger short-term risk appetite, but market sentiment could quickly turn pessimistic.
BlockBeats news, on September 10, former Ark Invest crypto head and current Placeholder VC partner Chris Burniske stated, "Next week, a potential rate cut by the Fed may trigger a wave of risk appetite in the market, but after an initial surge, the market is likely to quickly turn pessimistic due to concerns about 'those not optimistic factors.' Therefore, Bitcoin may initially follow the trend of gold, but if risk assets are sold off in the fourth quarter, I expect Crypto Assets to be significantly impacted."