Matrixport: The Federal Reserve may start cutting interest rates, and easing expectations are likely to drive the continuation of the bull market

ChainCatcher news, Matrixport released today's chart stating that "the probability of the Federal Reserve cutting interest rates by 25 basis points this week has significantly increased. Although there are still voices in the market for 'keeping rates unchanged' or 'a one-time cut of 50 basis points,' in the context of inflation being below target and limited tariff pressures, the Federal Reserve is more likely to choose a moderate rate cut, maintaining a cautious stance. In a loose environment, concerns about 'profit-taking' are difficult to establish, and instead, it is more likely to drive the continuation of a bull market. Our monitoring shows that the market has digested expectations of more than three rate cuts, and this round of easing expectations may provide momentum for Bitcoin to reach new highs.