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
$ 64,474.00
$ 64,474.00
0%
ethereumEthereum
$ 1,915.72
$ 1,915.72
0.1%
tetherTether
$ 0.999434
$ 0.999434
0%
xrpXRP
$ 0.997365
$ 0.997365
0.6%
bnbBNB
$ 604.06
$ 604.06
0.3%
usd-coinUSDC
$ 0.999791
$ 0.999791
0%

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bitcoin
Bitcoin (BTC) $ 64,474.00
ethereum
Ethereum (ETH) $ 1,915.72
tether
Tether (USDT) $ 0.999434
xrp
XRP (XRP) $ 0.997365
bnb
BNB (BNB) $ 604.06
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.999791