Three Democratic Senators, including crypto-skeptic Elizabeth Warren, have urged the Federal Reserve to implement an aggressive monetary policy shift by slashing interest rates. The senators warned of potential economic declines if smaller funding cuts were made. The Federal Reserve is expected to make an announcement regarding rate cuts at the upcoming Federal Open Market Committee (FOMC) meeting. Current predictions show a 61% probability of a 50 basis point cut and a 39% probability of a 25 basis point reduction. If the Fed announces a rate cut, experts believe liquidity would flow into risk assets like cryptocurrencies, potentially leading to a bullish fourth quarter for assets such as Bitcoin and Ethereum.



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