🚀 Crypto enthusiasts, hold onto your hats! Despite the Fed's reluctance to slash interest rates, the crypto world remains optimistic. Portfolio manager Justin Elliot warns that expecting 100 basis points of cuts might be a tad too hopeful. Yet, the broader market is buzzing with anticipation for a September rate cut.

- Bitcoin dipped 3% post-CPI data, but it's still up 6% over the past month.

- Lower rates could drive investors back to Bitcoin, eyeing its all-time high.

What do you think? Rate cuts or not? Drop your thoughts below! 💬👇