Analyst Pepesso shared his views on how potential FED rate cuts could impact the cryptocurrency market in the coming months.
Impact of Rate Cuts on the Crypto Market
Pepesso argues that the upcoming FED rate cuts could lead to an injection of up to $2 trillion into the economy. He compares the current situation to 2021 when rate cuts fueled a sharp rise in cryptocurrency prices. He notes that liquidity first flows into Bitcoin and Ethereum before being redistributed to smaller altcoins.
Expectations from the FED
Pepesso highlights key dates when rate cuts are expected: September 17 for -25 basis points, October 29 for another -25 basis points, a possible pause in December, and potential further cuts in 2026. He characterized this as the beginning of a "gold rush" for the markets.
Six Altcoins to Watch
In light of the expected altseason, Pepesso identified six altcoins that could significantly increase: * OriginTrail (TRAC): a decentralized knowledge graph. * Realio Network (RIO): a blockchain for tokenizing real-world assets. * Dexe Network (DEXE): a decentralized governance protocol. * NEAR Protocol (NEAR): a scalable blockchain platform for AI and Web3 applications. * Conflux Network (CFX): a hybrid chain with high throughput.
The FED's rate cuts could provide the catalyst for a new altseason if conditions similar to those in 2021 repeat. Investors are watching for the potential growth of several altcoins, and market attention is focused on these forecasts.
