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
$ 85,607.00
$ 85,607.00
0.22%
ethereumEthereum
$ 2,698.01
$ 2,698.01
0.56%
tetherTether
$ 0.999943
$ 0.999943
0.01%
xrpXRP
$ 1.50
$ 1.50
0.2%
bnbBNB
$ 779.26
$ 779.26
1.06%
usd-coinUSDC
$ 0.999921
$ 0.999921
0%

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bitcoin
Bitcoin (BTC) $ 85,607.00
ethereum
Ethereum (ETH) $ 2,698.01
tether
Tether (USDT) $ 0.999943
xrp
XRP (XRP) $ 1.50
bnb
BNB (BNB) $ 779.26
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.999921