Placeholder Partner: Fed rate cuts may trigger short-term risk appetite next week, but market sentiment may turn pessimistic soon

BlockBeats News: On September 10, Chris Burniske, former head of crypto at Ark Invest and now partner at Placeholder VC, said, "The Fed's interest rate cut next week may trigger a wave of risk appetite in the market, but the market is likely to quickly turn pessimistic after initially rising because it will worry about "factors that are not optimistic." So, Bitcoin may follow the gold trend in the early stages, but if risky assets are sold out in the fourth quarter, I expect cryptocurrencies to take a significant impact. "