📈 Crypto & Finance Breaking News:

- Asymmetric CEO Joe McCann thinks a big Fed rate cut would be good for the crypto market. 📉

- The Fed is expected to cut rates for the first time since March 2020 on September 18. There is a 65% chance of a 50 basis point cut, 35% chance of a 25 basis point cut. 🏦

- McCann: A 25 basis point cut would hurt stocks and crypto. But a 50 basis point cut would boost risk assets like crypto. 🚀

- Saad Ahmed from Gemini: The market may have priced in the cut, but it still needs a catalyst to break out. 🔥

- McCann: The economy is more stable now with 3% GDP growth, so a big cut would stimulate growth and reduce interest rates on US Treasury debt. 💡

- The Kobeissi Letter Blog: "The market has never been more uncertain about the Fed's interest rate decision than it is now in at least 15 years." 🤔

👉 What do you think about this move by the Fed? Comment now! 💬