I saw the Reuters poll circulating around, and frankly, I’m not very surprised. Basically, 7 out of 10 economists expect at least one rate cut from the Fed this year. It’s interesting because it shows how much sentiment is changing compared to a few months ago.

This rate cut is what everyone has been waiting for now. If I look at the markets, people are already pricing in this possibility. The real question is when and how aggressive the rate cut will be. Economists clearly think it will be necessary to make adjustments to monetary policy.

In short, the survey confirms what many traders already suspected. A rate cut could move both traditional markets and crypto quite a bit. I’ll be watching how all this reacts in the coming months.