There is a high probability that the interest rate will be cut by 25 basis points in September. It is said that Bitcoin fell after interest rate cuts in the past. I can only say that Bitcoin is still young and has not come a long way. Everything is still unknown!

According to CME Federal Reserve Observation:

The probability of the Federal Reserve cutting interest rates by 25 basis points in September is 69%, and the probability of cutting interest rates by 50 basis points is 31%.

The probability of the Federal Reserve cutting interest rates by 50 basis points by November is 50%, the probability of cutting interest rates by 75 basis points is 41.5%, and the probability of cutting interest rates by 100 basis points is 8.5%.

At least it can still rise before the next time😹