Dang.. market participants anticipate no rate cut until next year 😓

in H4LAB Research2 hours ago

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Source: CME Group

I thought there would be more than at least one rate cut this year. But people anticipate no rate cut until next year. Terrible 😞

The current macroeconomic environment isn't friendly to the altcoin market. It's possible that BTC(Bitcoin) declines more below $60k again.

As long as BTC is bearish, rates of increase for altcoins will be limited. I hope the current sentiment will change soon. We need a turning point.