💥 Fed rate cut — -0.5%💥

The U.S. Federal Reserve has lowered the interest rate by 0.5% — the first cut since 2020! The current rate stands at 5%.

✔️ Meanwhile, Arthur Hayes believes that the Fed rate cut will lead to a decline in crypto.

🔽According to him, the rate cut will exacerbate inflation and strengthen the yen, causing a drop in risk assets.

Later, the Fed will continue cutting rates and quickly bring them close to zero. These low levels will positively impact the crypto market, as investors will look for better returns. They will find it in staking Ether, USDe, and BTC through the DeFi platform Pendle. ETH will benefit the most from ultra-low rates, offering a 4% annual yield.

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