This is bullish for crypto đ€
đThe rate cut probability for 50 BPS has now gone up to 61%.
đJust a week ago, it was below 30%.
đBig rate cuts have historically been bullish for the #crypto market.
Back in 2020, when the #FED started rate cuts, $BTC pumped from $4,000 to $69,000 while alts pumped 20x-50x.