๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐จ๐ฅ๐๐๐ซ๐ฌ ๐๐๐ฒ ๐๐ญ๐ญ๐๐ง๐ญ๐ข๐จ๐ง๐ฑ๐จ
The market is predicting a 65% probability of a 50 BPS rate cut.
Since the 1980s, the #FED has usually preferred a 25 BPS rate cut to start the rate cut cycle.
There were only 2 instances where the first rate cut was greater than 25 BPS.
๐ป2001, dot-com bubble crisis
๐ป2007, Great Financial Crisis
Coincidentally, during both of these times, #CPI was below 3% and the unemployment rate was above 4%.
If the FED somehow manages to delay the recession through QE and rate cuts, the #crypto will experience a massive bull run.
Otherwise, the recession could trigger as early as Q1, which will be disastrous for the market.
#fomc #BTCโ #Altcoins #GrayscaleXRPTrust #BinanceLaunchpoolHMSTR