Reminder:

Current FED interest rate: 525-550.

A 25 BPS cut is a possibility at the FOMC meeting to be held on September 18.

As of now, there is a 57 percent chance of a 25 BPS cut on the agenda, while there is a 43 percent chance of a 50 BPS cut.

Bitcoin price is trading at $56,487, down 2.5 percent. $BTC

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