The Federal Reserve’s expected interest rate cut in May may benefit the crypto market

ETC Group research director André Dragosch stated that based on the current price of federal fund futures, market participants expect the Fed to begin an interest rate cut cycle in May, and the market has already digested the possibility of a rate cut in March. Dragosch predicts that the cryptocurrency market may have a delayed reaction to the rate cut, and Bitcoin and other cryptocurrencies may initially face selling pressure until May when the situation is expected to improve.