🚨 BREAKING: According to traders on Kalshi, the chances of the Fed cutting the interest rate by 25 basis points (bps) today have reached 97% - an all-time high.

DIRECT IMPLICATION: The market considers it almost confirmed that interest rates will be cut today.

IMPACT: A rate cut is normally considered bullish for #stocks and #Crypto #Bitcoin because borrowing becomes cheaper and liquidity increases.

$XRP

XRP

2.0304

+1.23%

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