As we already know, the Fed has not lowered the rate and is currently only planning 2 reductions this year. At the next meeting, there may be a very tiny, insignificant decrease - and another at the end of the year.
To be honest, this is very little: by the end of the year, the rate will be around 4%, and that's not at all what the crypto market wants. Why? Because institutional investors will not buy altcoins - they are mainly purchased by retail, that is, ordinary people. And they need to have money.