FederalFundRate

Today is 11:00 PM to 11:30 PM is very important time for Crypot Market.In simple word for bull run.
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🛑 Crypto Market Eyes Rally Amid US Treasury Secretary’s Fed Rate Cut Call 🚨

As the US economy and the crypto market face a severe downturn, Treasury Secretary Scott Bessent calls for an interest rate cut by the Federal Reserve.

Pointing to falling bond yields and a decline in inflation from 2.8% to 2.4%, the Treasury Secretary drew the Fed’s attention to the immediate need for action.

If the Fed acts on Bessent’s recommendation and cuts interest rates, it could spark a bullish run in the crypto market.

Polymarket odds suggest a 46% chance of a 25bps rate cut, with a 48% chance of no change.

According to a recent Reuters report, US Treasury Secretary Scott Bessent has called on the Federal Reserve to lessen interest rates in response to deteriorating economic conditions.

Commenting on the matter, Scott Bessent stated, “We’re seeing that two-year rates are now below fed funds rates, so that’s a market signal that they think the Fed should be cutting.”

At the same time, the crypto market has also seen a severe downturn, with top cryptocurrencies like Bitcoin struggling to maintain momentum.

However, the Fed’s potential dovish stance could result in a significant uptrend in the crypto market.

#FederalReserve #JeromePowell #FederalFundRate #RateCutExpectations

Breaking news! US federal funds rates have remained same! The data has come according to the forecast made this time.

Though it's a bullish news but The affect is expected to be normal not colossal.

#USDT #FederalFundRate