The CME FedWatch tool indicates a high probability (91.1%) of a 25-basis-point rate cut by the Fed. This could lead to immediate volatility in Bitcoin prices as traders react to the Fed’s decision.
Traditionally, Bitcoin has shown positive momentum following rate cuts, even though short-term sell-offs often occur after announcements. The MVRV ratio suggests there is potential for price growth in the post-rate cut environment.
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