$BTC $ETH 🚨 JUST IN: $4 trillion giant JPMorgan now expects the Federal Reserve to cut interest rates by 25 basis points at its September meeting.
📉 Why the pivot?
- ⚠️ Signs of labor market weakness
- 🏛️ Political uncertainty after Trump’s Fed nominee, Stephen Miran
- 📊 Traders now price in an 89% chance of a rate cut, up from 38% last week
💬 JPMorgan: “Risk management at the next meeting may go beyond balancing employment and inflation.”
🧠 Translation: The Fed may be forced to act sooner than planned.
🔥 Rate cuts = bullish for risk assets. Bitcoin, equities, and gold could all catch a bid.
