Odaily Planet Daily reports that Zaheer Ebtikar, founder of the crypto fund Split Capital, stated: "The global market expects the Federal Reserve's dovish stance to weaken in 2025. Therefore, crypto event traders and market makers are reducing risk." Federal Reserve officials cut the benchmark interest rate for the third consecutive time on Wednesday but controlled the expected number of rate cuts in 2025. Lower interest rates typically increase demand for most high-risk assets, such as cryptocurrencies. David Lawant, head of research at crypto brokerage FalconX, stated that while the interest rate cut predictions are currently affecting prices, they may not have a long-term impact, as the correlation between Bitcoin and major stock indices has decreased. Lawant said, "The expected slowdown in the pace of rate cuts in 2025 is not entirely surprising, but it has put some pressure on risk assets, including cryptocurrencies. While macro factors traditionally affect cryptocurrency price movements, industry-specific factors may dominate in the coming weeks and months, especially as the market anticipates policy changes from the new government." (Bloomberg)