‘Remain vigilant’ as Fed rate cut priced in to crypto markets, experts say – DL News
- The market is pricing in 95% chances of a 0.25% interest rate cut from the Federal Reserve.
- Analysts outline how the tone of today’s Fed meeting will guide investors about riskier assets like crypto.
Market players are overwhelmingly anticipating an interest rate cut at the US Federal Reserve meeting on Wednesday.
That means rate cuts are already priced in to markets, helping so-called risk-on assets surge higher.
But the Fed might adopt a “more hawkish tone” in the meeting, which could dampen the crypto rally, Haider Rafique, Global CMO of OKX told DL News.
That would signal more aggressive moves from the Fed.
But, he added: “Investors should remain vigilant, as the Fed’s policy decisions are influenced by multiple factors,…
