The head of institution at cryptocurrency exchange platform Bybit, Chris Aruliah, believes that the recent rate cut by the Federal Reserve could have a positive impact on the cryptocurrency market. He predicts that the rate cut will enhance market sentiment and encourage both retail and institutional investors to diversify their portfolios by exploring and investing in cryptocurrencies. Aruliah also mentions that rate cuts have historically led to increased capital flow from banks to riskier assets, as lower interest rates drive more investment into digital currencies. However, he urges caution, stating that broader economic issues and market fluctuations could still moderate investor sentiment.



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