Federal Reserve Rate cut Catalyst for Crypto Markets?
The anticipated 25 basis point rate cut by the U.S. Federal Reserve could drive
1. Increased Risk Appetite: Lower rates may attract investors to high-growth assets like cryptocurrencies.
2. Short-Term Volatility: Crypto prices could experience rapid swings amid market recalibration.
3. Challenges for Stablecoins: Reduced Treasury yields might affect stablecoin issuers profitability and stability.