🔸Definitely, the Federal Reserve's signals about possible interest rate cuts for next year are injecting optimism into the markets. As you rightly say, lower rates tend to be favorable for risk assets like cryptocurrencies, as they reduce the opportunity cost of holding them compared to more traditional assets. A possible cut of 100 basis points would be an important catalyst!
And that hint of a trade agreement between $TRUMP and the United Kingdom is also a factor to consider. Reducing uncertainty in international trade is always welcomed by the markets and can generate a general positive sentiment, also benefiting cryptocurrencies.
It is interesting to see how $BTC is reacting as a potential safe haven amid these discussions about the Fed's stance and the risk of stagflation. Significant inflows into spot Bitcoin ETFs certainly support that narrative of increasing institutionalization and acceptance of Bitcoin as an important asset in investment portfolios.
You are absolutely right to point out that cryptocurrencies are proving to be increasingly relevant in the current financial landscape, especially in times of economic uncertainty. It is an exciting time to be involved in this space!☺️ $ADA