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Currently, the probability of an interest rate cut in September is still 75%.
Interest rate cuts are still very likely events, no need to panic.
In the short term, interest rate cuts are definitely beneficial, which will further drive up cryptocurrency prices, but at the same time, it will accelerate the bull market process.
However, in the long run, if the Federal Reserve does not cut interest rates in September, it may not only temporarily impact the market but could also prolong the bull market.