September Fed Rate Cut Odds Plunge to 43% — Is Bitcoin’s Next Bull Run on Shaky Ground or Ready to Explode?
Well, isn’t this an intriguing twist in the crypto saga? Just when traders were gearing up to cheer for September’s Fed rate cuts, the odds took a 20% nosedive — leaving many scratching their heads and recalibrating expectations on the fly. Bitcoin [BTC] itself took a slight dip to $115.7K after Fed Chair Jerome Powell’s hawkish, cautious stance, putting a finger on inflation worries and a ‘wait and see’ game plan that has market nerves jangling. Now, here’s the burning question: with Bitcoin’s unrealized profits soaring to an eye-popping $1.4 trillion, could this mountain of latent gains tame the crypto bull run? Or are we simply on the edge of the next surge, waiting for a Fed pivot that might just reignite the fire? Stick around, because the delicate dance between Fed policy and Bitcoin’s momentum is anything but predictable — and trust me, you don’t want to blink here. LEARN MORE
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