Recent economic data analysis shows that the possibility of the Fed lowering interest rates by 25 basis points in September is as high as 87.3%. This data suggests that unless there is a major surprise, a rate cut in September has become almost a certain event.



Economists point out that once the interest rate cut policy is implemented, funds in the traditional financial sector are likely to flow out of the banking system and into high-yield assets such as gold and cryptocurrencies. This trend of capital movement is expected to drive the prices of mainstream cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Binance Coin (BNB) to new heights.

It is particularly worth noting that market analysts predict that Ethereum is very likely to break the $5000 barrier during this potential wave of rising momentum, creating a historical new high. If this prediction comes true, it will mark an important milestone for Ethereum since its inception.

However, investors should also be cautious about these predictions, as the cryptocurrency market has always been highly volatile and influenced by various factors. Nevertheless, the direction of the Fed's monetary policy will undoubtedly become one of the key factors affecting short-term market trends.

As the September Fed meeting approaches, market participants will closely monitor various economic indicators and official statements to more accurately predict the policy direction and its potential impact on the cryptocurrency market.
BTC-0.65%
ETH-2.47%
SOL3.32%
BNB-1.1%
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TokenTaxonomistvip
· 12h ago
*sigh* statistically speaking, that 87.3% confidence level needs serious correlation analysis... spreadsheet time.
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staking_grampsvip
· 12h ago
ETH should have broken 5000 a long time ago.
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consensus_whisperervip
· 12h ago
eth go go go
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LadderToolGuyvip
· 12h ago
Wow, eth5000 bucks bull beer
View OriginalReply0
GateUser-a606bf0cvip
· 12h ago
All in ETH, it's definitely right!
View OriginalReply0
OPsychologyvip
· 12h ago
eth Go Go Go Buy and wait To da moon
View OriginalReply0
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