A 25-basis-point rate cut is expected today, which would be the third cut this year, bringing rates to 3.50%–3.75% .
If the cut happens, it'll likely boost Bitcoin and Ethereum and weaken the US dollar, at least initially .
But, the real market driver will be Powell's press conference - if he's dovish, crypto will likely surge, and if he's hawkish, expect a sharp sell-off .
Either way, crypto markets will be highly volatile after the announcement.
