US Fed Minutes Cements Bet On September Rate Cut, Crypto Market To Rally?

The US Fed Minutes from the July meeting have cemented bets over a potential September rate cut. This move has fueled speculations over a rally in the broader financial sector, let alone the crypto market. Notably, the minutes from the July 30-31 meeting showed that the US central bank officials are leaning towards a dovish move with their policy rates given the recent set of economic data supporting the stance.