Bitcoin posted its worst monthly performance since the FTX crash, with interest rate prospects weighing it down

Golden Finance2024/05/01 03:43

By:Golden Finance

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Golden Finance reported that the prospect of "higher and longer" interest rates is putting pressure on the cryptocurrency market, with Bitcoin experiencing its largest monthly decline since the collapse of SBF's FTX empire in November 2022. Bitcoin fell by nearly 16% in April, and the Bitcoin and Ether ETF launched in Hong Kong on Tuesday failed to provide momentum. There are increasing indications that the Federal Reserve may signal a delay in rate cuts after this week's meeting. Chris Weston, research director at Pepperstone, stated that the recent rise in US Treasury yields and real interest rates is putting pressure on gold, Bitcoin, and the US stock market.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Goldman Sachs believes that the "easy win" era of AI trading is over. Current excess returns can only be found in accurately bottom-fishing when stock prices deviate significantly from earnings forecasts, with storage and data centers remaining the most tactically attractive areas. The market is rapidly moving beyond the single AI narrative and showing multiple points of growth: momentum factors are shifting toward software, European and Japanese banks are facing structural opportunities, gold miners and copper mining stocks have room for valuation and earnings recovery, and France's political risk premium is being underestimated.

华尔街见闻•2026/08/23 03:31