Will Israel-Gaza War Influence Bitcoin Rally Ahead of Fed Rate Cut?

Quick Summary:

The Israel-Gaza war could threaten a potential Bitcoin rally following a Fed rate cut after the FOMC meeting on September 18.

However, the Israeli Gaza war threatens to impede any positive momentum the BTC price is meant to enjoy.

An interest rate cut is considered bullish for the flagship crypto.

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets: IndiaIsraelLebanon

Topics: Bitcoin News 24/7 Cryptocurrency News Bitcoin Bitcoin rally Fed rate cut

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 12:33:10 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 45 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22567138

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 23 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #59

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