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Matthew Sigel, BlackRock's digital assets manager, attracted attention with his prediction about Bitcoin (BTC).
Matthew Sigel, the head of BlackRock's digital assets department, expressed a high probability of Bitcoin showing strong performance in the fourth quarter of this year, according to financial giant BlackRock.
With this move by the Fed, we believe that the probability of a strong performance in the fourth quarter from Bitcoin has increased.
Sigel, lastly stated that the FED's larger-than-expected 50 basis point rate cut has a more positive view on the largest cryptocurrency. This cut, which was expected to be 25 basis points smaller by market participants, took place. #HotTopicDiscussion#