Traders have quickly re-priced the macro backdrop as the probability of a 25 bps cut at the upcoming FOMC meeting has surged from 39% to almost 87% in a matter of days.

bitcoinBitcoin
$ 86,132.00
$ 86,132.00
4.09%
ethereumEthereum
$ 2,923.82
$ 2,923.82
6.79%
tetherTether
$ 0.999954
$ 0.999954
0.01%
xrpXRP
$ 1.88
$ 1.88
5.78%
bnbBNB
$ 858.51
$ 858.51
3.46%
usd-coinUSDC
$ 0.999865
$ 0.999865
0%

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bitcoin
Bitcoin (BTC) $ 86,132.00
ethereum
Ethereum (ETH) $ 2,923.82
tether
Tether (USDT) $ 0.999954
xrp
XRP (XRP) $ 1.88
bnb
BNB (BNB) $ 858.51
staked-ether
Lido Staked Ether (STETH) $ 2,925.25
usd-coin
USDC (USDC) $ 0.999865