CandleFocus

Markets speculate ahead of anticipated rate decision

Author: Content Editor
The On the Margin newsletter by Blockworks.co highlights the anticipation surrounding the rate decision by the Federal Reserve (Fed) and its potential impact on Bitcoin and traditional assets. The Fed is expected to cut rates, with a 59% probability of a 50 basis points (bps) reduction according to CME Group's FedWatch tool. Analysts have differing opinions on the rate cut, with some suggesting a 25bps cut would be viewed positively by the market while a 50bps cut may increase volatility. Some politicians have even requested a more aggressive 75bps cut. Despite the uncertainties, analysts remain bullish on crypto in the long-term due to ongoing institutional demand and the debasement of fiat currencies. The newsletter also mentions Janus Henderson's entry into the tokenization space with its participation in a tokenized Treasury fund.

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