Bitcoin and Ethereum have seen little volatility over the past two days, suggesting investors are taking a wait-and-see approach.
Based on a series of recent US economic data, there's a strong 80% chance the Federal Reserve will cut interest rates by 25 basis points tomorrow night, with a 10% chance it will be a 50 basis point cut. While a rate cut doesn't guarantee a Bitcoin takeoff tomorrow night, over the next two to three months, as traditional funds gradually flow into the cryptocurrency market, BTC, ETH, SOL, BNB, and other cryptocurrencies will undoubtedly experience significant price increases, reaching new all-time highs.