Bitget General Manager Gracy Chen: The Federal Reserve will slow down the pace of interest rate hikes in the first half of the year and gradually enter a rate-cutting phase in the second half

ChainCatcher news, Bitget General Manager Gracy Chen shared her views on the future market at the third VIP private meeting. She first pointed out that while regulation is tightening, it will not completely suppress industry development. Once the cryptocurrency market reaches a certain scale and user base, it will drive the construction of relevant frameworks. Secondly, the Federal Reserve has slowed down its interest rate hikes in the first half of the year and will gradually enter a rate-cutting phase in the second half. Finally, she noted that the entry of traditional financial giants like BlackRock and Fidelity has brought positive signals to BTC spot ETF applications, which will bring more incremental funds to the market.

In addition, more rights and benefits will be empowered to VIP users in the second half of this year, such as: priority subscription for Launchpad and fund shares, whitelist for staking and lending, Bitcard (digital currency Visa credit card), and private wealth management products in the fund supermarket (for VIP3 and above), etc.