Analysis: "Expectations for the US Federal Reserve's interest rate cut are rising... Positive impact on cryptocurrencies"

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“The expectations for a Fed rate cut are high. If the Fed cuts rates by 50 basis points, the crypto market will react positively,” Bitwise Research Head André Dragosch told The Block. “I think the anticipation of a rate cut will move the market more than the rate cut itself in the coming months.”

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