According to the CME Group's "FedWatch" tool, there’s a 97.4% chance that the Federal Reserve will keep interest rates unchanged during its July meeting, with only a small 2.6% chance of a 0.25% rate cut.
🔮 Looking ahead to September:
35.9% chance of rates staying the same
62.4% chance of a 25 basis point cut
Only 1.6% chance of a 50 basis point cut
📊 What does this mean for crypto?
Unchanged rates = market caution and potential sideways movement
A future rate cut = more liquidity and possible price rallies in assets like crypto!
📌 Stay alert... the Fed is still in control of the game.