Rate Cut Momentum Fuels Crypto Gains Before Volatility Returns | Galaxy Institutional Lending
In this report:
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October 10 Market Dislocation Highlights Risk Dynamics in Crypto Lending
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Plasma’s Rapid Launch Reinforces DeFi Lending Stability
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Paypal and Spark Partner to Expand PYUSD Liquidity Through DeFi
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Morpho Expands the Institutional Backbone of On-Chain Lending
Market Update
Crypto markets rallied steadily through September, supported by softer U.S. macro data, renewed ETF inflows, and growing expectations for the Federal Reserve’s rate cut. The Fed delivered the anticipated 25 bps reduction on September 18, lowering the policy range to 4.00–4.25% and hinting that more cuts may follow later in the year. The move improved liquidity conditions, easing cash borrowing costs across both fiat and stablecoin markets, and set…