📉CD20 index & BTC are both feeling a bit under the weather, down 7% & 5% respectively. Blame it on the uncertainty over interest rates or just a bad hair day, who knows? 🤷‍♂️

🔍Digging deeper, ETH, SOL & XRP are also in the red, posting bigger losses than BTC. CoinGlass data shows $175M in long liquidations over the last 24 hrs. Ouch!

📉BTC has been down 13% in the last week, echoing the aftermath of the FTX collapse. But hey, what doesn't kill you makes you stronger, right? 💪

👀ING's James Knightley suggests a Fed rate cut in Sept due to weaker job growth. Meanwhile, Citi Research predicts 8 Fed rate cuts from Sept 2024 through July 2025.

🎲Bettors on Polymarket are betting on 1-2 rate cuts by the end of the year. So, what's your take? Will the Fed cut the rates? Let's discuss in the comments! 🗣️

🌍In other news, EU's tariffs on Chinese EVs & a potentially hung parliament in France are stirring the pot. But remember, in the world of crypto, there's always a silver lining. Stay positive, folks! 😎 #DeFi #Web3

PS: This is not financial advice. Always do your own research.