Paybis Founder: If the Federal Reserve cuts interest rates, it may rewrite Bitcoin's history of poor performance in September over the years

Odaily reports that Innokenty Isers, the founder of cryptocurrency exchange Paybis, said: "September is a negative month in Bitcoin's history, with data showing an average value shrinkage rate of 6.56%. If the Federal Reserve cuts interest rates in September, it could help Bitcoin rewrite its negative history because rate cuts usually lead to excessive dollar circulation in the economy - further strengthening Bitcoin's prospects as a store of value." (Coindesk)