Matrixport released a chart today, stating that "the probability of a 25 basis point rate cut by the Fed this week has significantly increased. Despite the market still having voices calling for 'no change' or 'a one-time 50 basis point rate cut', in the case of inflation below target and limited tariff pressure, the Fed is more likely to choose a moderate rate cut and continue its cautious stance. In a loose environment, concerns about 'good news being priced in' are unlikely to materialize, and instead may further drive the bull market. Our monitoring shows that the market has already priced in expectations of three or more rate cuts, and this round of loose expectations may provide momentum for Bitcoin to hit new highs."
