With the #FOMCMeeting just around the corner, the CME FedWatch Tool shows only a 2.7% chance of a rate cut this May. Rate cut expectations keep getting delayed — so what’s the move for crypto and risk asset holders now? Rotation or consolidation?
Meanwhile, the #USHouseMarketStructureDraft is making waves. If passed, it could bring clarity by defining some digital assets as commodities — not securities — under certain conditions. This could open the door to better liquidity and reduce regulatory friction for a lot of tokens.
Bullish for long-term adoption? Possibly. But near-term, this may also give exchanges and projects a little more breathing room to innovate.
What’s your take on where $BTC and the market are headed in light of all this?
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