#TradersLeague #Square #RateCutExpectations Bitcoin (BTC) is currently trading around $105,645.53. Bitcoin Dominance (BTC.D) is at 64.0%, indicating Bitcoin's strong market share relative to altcoins. Historically, a high BTC.D can signal a "Bitcoin season" where capital flows into BTC.
Regarding interest rate cuts, the Federal Reserve cut rates by 100 basis points in 2024. For 2025, the median FOMC view anticipates only 50 bps in cuts, implying rates staying higher for longer than previously expected. However, some officials are cautious, with one recently suggesting just one cut this year.
Generally, lower interest rates are seen as bullish for risk assets like Bitcoin, as they increase market liquidity and risk appetite. The recent Bitcoin halving in April 2024, which reduced the supply of new BTC, also adds a deflationary pressure that could support price appreciation long-term. However, the exact impact of rate cuts and halving is influenced by many other macroeconomic factors.