đ **Crypto Markets Soar Amid Fed Rate Cut!** đ
BitMEX co-founder Arthur Hayes has a theory: the Fed's recent rate cut is a political move to boost the Democrats. Speaking at Token2049 in Singapore, Hayes speculated that Jerome Powell and Janet Yellen are trying to juice financial markets to help Kamala Harris win the election. đ€
Despite strong GDP growth and low unemployment, the Fed cut rates by 50 basis points, sparking a 4% gain in crypto markets. BTC hit a three-week high of $62,500! đ
Hayes warns this could be the calm before the storm. What do you think? Share your thoughts below! đŹ
