3 weeks left until the next interest rate decision.

in H4LAB Research6 days ago (edited)

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Source: CME FedWatch Tool

The current range of Federal Funds Rate is 450-475. Market participants expect the rate cut rather than the rate pause. It's a favorable environment for the crypto market.

If the Fed decides the rate cut in the next decision, BTC price would likely break $100k for the first time, and the altcoin market will follow the tendency.

It's been a tough time for long-term investors. I believe the crypto market will be better next month 🙏

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