Probability of Fed Rate Cut Reaches 93.4%

In the macroeconomic context, the markets are almost certain that the U.S. Federal Reserve will make a 25 basis points rate cut (bps) in September, with CME FedWatch data showing a probability of 93.4%. Traders expect that a rate cut could provide short-term relief for risk assets, including cryptocurrencies, although long-term inflationary pressures remain a concern.#Gate Square Mid Autumn Creator Incentive #Funny Moments In Crypto