Just two weeks until the next FOMC Meeting. As it stands, there is a 89.7% chance that rates get cut again, for the first time in 9 months. The meeting after that is at the end of October and it's about a coin flip whether we see another rate cut at that meeting as well. While one or two cuts don't mean the world for $BTC & other risk assets in the short term, in the longer term these cuts are supportive of $BTC & Crypto. Many people also believe that we won't see a "true alt season" until rates are back at 0. I'll let you decide for yourself whether that's the case or not.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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