Just saw this making rounds on crypto Twitter Kevin Hassett (White House economic adviser and potential Fed chair candidate) basically said the Fed will probably cut rates at next week's meeting.
I did some digging and yeah, multiple sources confirm he dropped this hint in a Fox interview.
To be clear, this isn't the Fed officially announcing anything, but when someone at his level talks like this, markets listen.
Why does this matter for us? Simple.
Rate cuts = cheaper money = more liquidity flowing into risk assets. And guess what crypto is? Yep, a risk asset.
We've seen this playbook before when the Fed eases, crypto tends to catch a bid.
CME data shows traders are pricing in about 87% chance of a 25bps cut.
That's pretty strong consensus.
Not saying moon tomorrow or anything dramatic, but this is the kind of macro shift that sets the stage for longer-term price action.
Keep an eye on December 17-18 (Fed meeting dates) and watch how BTC reacts.
As always, DYOR.
This is just news, not advice. But it's news worth knowing.
#dyor #Fed $SUI $ENA #BinanceBlockchainWeek
