Recent economic data released shows that inflation in the U.S. showed a moderate rise in July. At the same time, Treasury Secretary Scott Behnke stated that a significant rate cut of 50 basis points may be implemented in response to the recent weak employment data. These factors have collectively driven market expectations for a rate cut by the Fed in September to nearly 100%.

According to the analysis of the CME Group FedWatch tool, after the latest CPI data was released and comments were made by Bessenet, financial market traders widely believe that the Fed will cut interest rates by 25 basis points at the meeting on September 16-17, with a probability of this expectation reaching 99.9%.

The changes in this series of economic indicators and policy signals not only affect traditional financial markets but also attract the attention of cryptocurrency investors. Market participants are closely monitoring the potential impact of these macroeconomic factors on digital assets like Bitcoin and Ethereum.

As the U.S. monetary policy may shift towards ease, investors need to reassess their portfolios and consider the performance of different asset classes in the new economic environment. For the cryptocurrency market, the Fed's policy adjustments may bring new opportunities and challenges, and investors should remain vigilant and closely monitor market trends.