𝐂𝐫𝐲𝐩𝐭𝐨 𝐇𝐨𝐥𝐝𝐞𝐫𝐬 𝐏𝐚𝐲 𝐀𝐭𝐭𝐞𝐧𝐭𝐢𝐨𝐧 😱🚨

The market is predicting a 65% probability of a 50 BPS rate cut.

Since the 1980s, the #FED has usually preferred a 25 BPS rate cut to start the rate cut cycle.

There were only 2 instances where the first rate cut was greater than 25 BPS.

🔻 2001, dot-com bubble crisis

🔻 2007, Great Financial Crisis

Coincidentally, during both of these times, #CPI was below 3% and the unemployment rate was above 4%.

If the FED somehow manages to delay the recession through QE and rate cuts, the #crypto will experience a massive bull run.

Otherwise, the recession could trigger as early as Q1, which will be disastrous for the market.

#FOMC #BTC #Altcoins

Big Breaking News 🚨    Binance just responded to the #WazirX situation.    Here are the key points 👇   ▶️ Binance has not owned, controlled, or operated WazirX at any time, including before, during, or after the July 2024 attack.   ▶️ Zanmai, a company incorporated in India, is the entity that registered the WazirX platform with the 🇮🇳 Indian FIU in 2023 and is recognized by India’s ED as the owner of WazirX.   ▶️ Binance has no responsibility for the operation of the WazirX platform and the consequences of the alleged hack.   This simply means that now there's no possibility of a #Binance bailout.