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BTC $64,255.09 +1.97%
ETH $1,905.73 +0.81%
BNB $604.33 +0.18%
XRP $1.00 +0.37%
SOL $75.90 +1.18%
TRX $0.3309 -0.16%
DOGE $0.0702 +0.49%
ADA $0.1739 -1.20%
BCH $204.59 +0.13%
LINK $9.50 +0.65%
HYPE $59.47 +2.95%
AAVE $89.17 +3.15%
SUI $0.6739 +0.24%
XLM $0.1572 +0.42%
ZEC $514.69 +5.14%

OKG Research: Expectations for Federal Reserve rate cuts rise, crypto market liquidity may迎来关键利好

2024-07-31 19:43:31

ChainCatcher news, according to the OKG Research analysis from OKChain, the Federal Reserve's interest rate decision to be announced at 2:00 AM (Beijing time) on Thursday is viewed by the market as the "final warning" for a rate cut. This Federal Reserve policy meeting will have a crucial impact on the liquidity situation of the crypto market in the second half of the year.

According to the latest data from CME FedWatch, there is a high level of consensus in the market regarding the expectation of a rate cut on September 18, with a 100% probability of a rate cut. Specifically, the probability of at least a 25 basis point cut is as high as 89.6%, while the probability of a 50 basis point cut has also risen to 10.1%.

Compared to the CME FedWatch data from July 16, recent traders' optimism regarding at least a 50 basis point rate cut by the Fed in September has significantly increased (from a 6.7% possibility to the current 10.1%). This change not only reflects the market's cautious attitude towards the economic outlook but also suggests that global financial markets, including the crypto market, may be entering a new round of liquidity easing.

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