JUST IN: JPMorgan Eyes September Rate Cut
Banking giant JPMorgan, managing over $4 trillion in assets, now expects the Federal Reserve to cut interest rates in September.
Why This Matters for Crypto & Markets:
Lower interest rates often weaken the US dollar, pushing investors toward risk assets like Bitcoin and altcoins.
Cheaper borrowing could boost liquidity across global markets.
Historically, rate cuts have been bullish signals for crypto adoption.
Traders are watching closely a confirmed September cut could fuel the next big rally.