The US Federal Reserve is preparing to cut interest rates for the first time since March 2020. Asymmetric founder Joe McCann believes that a 50 basis point cut would be better for the crypto market than a 25.

- The rate is currently at a 24-year high of 5.5%

- A 50 bp cut would support risky assets, including cryptocurrencies

- The market has already priced in a possible cut, but this could be a catalyst for growth

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