The next FOMC meeting is about 12 hours left.
It seems that a 25 bp rate cut is almost certain. Will Crypto Total 3 Marketcap start soaring after 12 hours? I hope so..
I believe the altcoin market won't abandon long-term altcoin investors who've been enduring price corrections and consolidations for the last 3 years and 9 months. We deserve to get rewards in the next Altseason 3.0.
I gotta go to work soon. I just mine fiat currency to convert it to cryptos or assets like real estates, dividend stocks, etc.
@happycapital, great to see your pulse on the CME FedWatch Tool and the anticipation for a potential rate cut! This post really stands out because it connects macroeconomics with the crypto market in such a direct and timely way. Your optimism for Altseason 3.0 is infectious, and I'm sure many long-term altcoin investors share your hope for a well-deserved reward!
The image is worth a thousand words, and sets up the expectation well. Do you think specific altcoins are better positioned to benefit from this rate cut? What are your top picks for Altseason 3.0? Eager to hear your (and others') thoughts! Let's hope for a green surge soon!