The likelihood of a U.S. Federal Reserve rate cut in October has surged to nearly 98%, according to AiCoin. This development comes amid comments from a nominee for the CFTC chair, appointed by former President Donald Trump, who emphasized the U.S.'s ambition to become a global leader in cryptocurrency. Additionally, a U.S. senator has advocated for including Bitcoin in retirement portfolios, reflecting growing institutional interest.
In a related move, Sharplink Gaming has expanded its Ethereum holdings by 19,271 tokens, underscoring the continued attraction of crypto assets among companies. This increase in ETH holdings highlights the ongoing confidence in the potential of digital currencies.
Fed Rate Cut Likely as Trump Comments on Crypto, ETH Holdings Rise
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.

