"Crypto Asset Bull Market Expected to Continue If Interest Rates Are Cut"

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Summary

A forecast has been raised that if the U.S. Federal Reserve (Fed) implements a rate cut, the crypto asset bull market will continue.
Matrixport said a 25bp cut to the benchmark interest rate in September is likely to sustain the crypto asset bull market that has continued since last year.
Matrixport added that Bitcoin is expected to reach a new all-time high again.

A forecast has been raised that if the U.S. Federal Reserve (Fed) cuts interest rates, the crypto asset (cryptocurrency) bull market will continue.

On the 15th (local time), Matrixport said in a report, "The Fed appears likely to cut the benchmark interest rate by 25bp in September," adding, "This rate cut is likely to sustain the crypto asset bull market that has continued since last year."

It added, "Inflation indicators remain at low levels, and companies are coping well with tariff burdens," and "Bitcoin is expected to reach a new all-time high again."

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