U.S. Money market funds currently hold over 7 trillion USD, with a 52.37 billion USD increase recently. This influx could be funneled into Bitcoin (BTC) and altcoins as investors respond to upcoming Federal Reserve rate cuts.
Analysts suggest that economic conditions will influence cash rotation from money markets to cryptocurrencies. A cautious cut could allow gradual movement, while a larger one may accelerate shifts into riskier assets.
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