Kevin O’Leary Pushes Back on December Rate-Cut Hype
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Kevin O’Leary isn’t buying the market’s confidence in a December Fed rate cut — despite traders pricing in nearly 90% odds.
“Lots of inflation in the system,” he said, pointing to rising input costs and sticky pricing.But even if the Fed holds rates steady, O’Leary doesn’t expect it to hurt Bitcoin.
In his view, BTC has already “found a level” and isn't likely to swing far.Crypto may be watching the Fed — but Mr. Wonderful says Bitcoin isn’t.
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O’Leary challenging the December cut hype brings needed realism to the market.