FED Rate Cuts This Week Could Trigger Major Crypto Rally

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Bitcoin is trading between $116,000 and $119,210, while Ethereum is hovering around $3,600 to $3,871. The mood is cautiously optimistic but shaky, with many traders holding back until the Federal Reserve reveals its next move. 

However, Crypto analyst and media host Paul Barron has sparked conversation on X with a hot take on what could happen if the Federal Reserve unexpectedly cuts interest rates at this week’s FOMC meeting. 

Although the markets only see a 24% chance of a July cut, compared to 81% for September, Barron says a surprise move could ignite major rallies across multiple sectors, especially crypto.