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
$ 62,051.00
$ 62,051.00
0.87%
ethereumEthereum
$ 1,734.20
$ 1,734.20
2.3%
tetherTether
$ 0.998895
$ 0.998895
0%
xrpXRP
$ 1.11
$ 1.11
2.04%
bnbBNB
$ 564.78
$ 564.78
0.79%
usd-coinUSDC
$ 0.999785
$ 0.999785
0%

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bitcoin
Bitcoin (BTC) $ 62,051.00
ethereum
Ethereum (ETH) $ 1,734.20
tether
Tether (USDT) $ 0.998895
xrp
XRP (XRP) $ 1.11
bnb
BNB (BNB) $ 564.78
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.999785