The Federal Reserve has not lowered interest rates yet, so why is the crypto market going crazy?
In a word—it's about 'expectations'; money moves faster than news!
① Interest rate cut expectations are already clear
On the surface, the Federal Reserve is adamant: 'No rate cuts for now.'
But the June CPI fell to 3%, and the dot plot still hints at a possible rate cut this year.
Wall Street immediately bets—over 80% chance of a rate cut in September.
The crypto market knows how to 'reserve seats early'; seeing the faucet about to open, funds rush in to wait for the flow.
② Ethereum ETF = Adding fuel to the fire
In May, the U.S. suddenly approved the Ethereum spot ETF (not yet officially trading).
Referencing the $30 billion raised in the first month after the Bitcoin ETF launched in January,
the market immediately begins to gamble—waiting for the ETH ETF to go live, big whales will rush in to grab shares.
A certain positive factor outweighs ten 'rumored positives.'
③ Real money is entering the market
Stablecoins surge: USDT + USDC total market capitalization breaks $140 billion, a two-year high, and off-market funds are ready with 'bullets.'
Bitcoin ETF attracts capital: even while stagnant, a net inflow of $5 billion in one month, large institutions are quietly bottom-fishing.
④ Inertia explosion after halving
In April, Bitcoin underwent its fourth halving—new coin production cut in half.
Historical pattern: 3-6 months after halving, the market tends to accelerate.
This time it coincides with 'interest rate cut expectations,' creating a double buff.
⑤ Retail investor sentiment has completely flipped
At the beginning of the year, everyone feared a collapse; now the 'Fear and Greed Index' has soared into extreme greed.
Social media discussions have tripled, and new user registrations have surged.
When even your aunt is telling you to buy crypto, the bull market may have already gone halfway.
Finally, I wish that everyone who likes, bookmarks, and follows this article can reap a bountiful harvest in this bull market!
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