I am betting the T-Bill injection is a temporary fix, and the pause will kill this rally quickly.. Market weighs 40B$ T- bill liquidity vs.the hawkish future.
The 25bps cut was anticipated, but the signal for a potential pause in the easing cycle is a key tightening signal. Market weighs 40B$ T-bill liquidity vs. hawkish future.
Market odds for 25 basis points (bps) rate cut by the US Federal Reserve today have soared to "97" % on "KALSHI, indicating near certainty among the traders for a cut to the new "3.5" to "3.75" % target range.
🔸The current $BTC price of $ 91,980 is trading on this expectation. 🔸The real action starts during Powell's Press Conference, where his outlook on future cuts will decide the next major trend for $BTC .