The likelihood of a slowdown in the US and Europe has led to investors and analysts turning cautious about the IT sector’s prospects. Most large software services exporters derive a large chunk of their revenues from developed economies. The dim outlook for IT spending has resulted in analysts cutting earnings estimates for these companies.
Crypto Talk | US election and interest rate cuts may reshape the future of Bitcoin, says BuyUcoin CEO
I believe the recent 50 basis point interest rate cut by the US Federal Reserve will positively impact the crypto market both in the short