Recently, the cryptocurrency market has remained relatively stable, with Bitcoin prices remaining around $58,480, after the market expected the Federal Reserve to cut interest rates by 50 basis points on September 18 with a probability of 67%. The expectation of a rate cut has attracted market attention and may have a positive impact on risky assets, including Bitcoin. At the same time, World Free Finance, supported by former President Trump, announced that it will launch a governance token designed for qualified US investors. In addition, Figure Markets plans to launch a real estate-based income exchange during the Token2049 event in Singapore.
Key Points
- There is a 67% probability that the Federal Reserve may cut interest rates by 50 basis points on September 18.
- Bitcoin prices are relatively stable, maintaining around $58,480.
- Market expectations of rate cuts may have a positive impact on risky assets.
- Cryptocurrencies such as XRP, SUI and Fantom's FTM fluctuated slightly.
- Trump-backed World Free Finance will launch a governance token designed for qualified investors.
- Figure Markets will launch a real estate-based income exchange during the Token2049 event in Singapore.
- Figure Markets provides returns on cryptocurrencies through real-world assets such as home equity loans.