#crypto

🚀 Crypto & Stocks Surge as Fed Rate Cut Bets Soar 📈

U.S. stocks, led by Nasdaq (+1.84%) and Russell 2000 (+2.35%), rebounded Monday, lifting crypto with Bitcoin up 0.74% (CoinGecko). A 258,000 downward revision to May/June jobs data has markets pricing in a >90% chance of a 25bps Fed rate cut in September, per CME’s FedWatch Tool.

⚠️ Caution Lingers: Wintermute’s Jake Ostrovskis notes “froth” in markets with high risk-taking. $BTC put demand ($105K-$110K) signals downside protection, not correction bets. Unresolved macro risks, Trump’s BLS commissioner dismissal, and tariff tensions add uncertainty.

📉 Risk Ahead? Crowded short USD trades and high CTA exposure could spark a correction. If stocks dip, crypto may follow. Stay sharp! 👀