peterjohn (peterjohn)

peterjohn

lazy day

24 Followers

Recent casts

Top casts

MicroStrategy is Building the World's Largest Bitcoin Company

  • 0 replies
  • 0 recasts
  • 0 reactions

Major DeFi protocols benefited from the macro-level benefits of the Fed's rate cut. While the Fed's sharp 50 basis point cut in September, which lowered the federal funds rate to between 4.75% and 5%, brought short-term volatility, the long-term outlook for Bitcoin remains solid. As the global financial system's reliance on monetary expansion deepens, BTC's appeal as a global asset independent of central bank policy continues to grow, with spot ETFs accumulating net inflows of $21.3 billion.

  • 1 reply
  • 0 recasts
  • 14 reactions

Onchain profile

Ethereum addresses