Federal Reserve Governor Advocates for July Rate Cut

A Federal Reserve governor has advocated for an interest rate cut in July, citing concerns over slowing growth and muted inflation. The proposed cut could inject fresh liquidity into markets, making risk assets like Bitcoin (BTC) $BTC $and Ethereum (ETH) $ETH more attractive to investors. Historically, rate cuts have served as a bullish signal for crypto markets, as lower interest rates reduce the appeal of traditional savings instruments and encourage investment in alternative assets. Analysts expect the crypto market to benefit from this dovish tone, particularly if the Fed proceeds with the cut. If enacted, altcoins such as Solana (SOL) and Avalanche (AVAX) may also see capital inflows as traders diversify their holdings. As monetary policy loosens, crypto could enter a renewed growth cycle heading into Q3 2025.