📢Friends in the blockchain industry, listen up! 👂JPMorgan economists have recently predicted that the risk of the Fed's first rate cut may be brought forward to September! 😲

While their baseline forecast is still a rate cut in November, the impact of Wednesday's consumer inflation report and the Fed meeting cannot be ignored. 📉

Michael Feroli, chief U.S. economist at JPMorgan, wrote in the report, "Overall, although the median of the dot plot this year was slightly unexpected, our view on the Fed this afternoon is not much different. We continue to believe that the first rate cut will be in November. After this morning, the risk may be more inclined to September rather than December."

This may be good news for Bitcoin holders! Rate cuts usually lead to a decline in traditional asset prices, and Bitcoin may benefit from this. 🚀

But remember that the market is always full of variables, we must remain calm and invest rationally. 💡