US Senator Elizabeth Warren has urged the Federal Reserve to cut its interest rate target, a move widely believed to benefit the crypto market. Despite her previous attempts to impose stringent regulations on the crypto industry, her current stance aligns with crypto investors. Warren argues that the current 5.5% rate is slowing the economy and exacerbating inflation. Lowering rates would align the US with Canada and the European Union, which recently cut their interest rates. The Fed's next decision on interest rates is due Tuesday, with the market predicting a 99% chance of rates remaining flat. However, crypto enthusiasts like BitMEX co-founder Arthur Hayes remain optimistic, believing lower rates will boost crypto prices.