Market Overview

There we have it.Jerome Powell showed his hand and went with most predictions and cut the interest rate by 25bps.
The stock market responded. The S&P spiking to new ATH’s. The Nasdaq followed suit, setting ATH too.
The DXY continues to show weakness in this quarter.
More importantly the crypto markets reacted with some whipsaw volatility as expected but eventually prices stabilized and Bitcoin in particular continued moving strongly to the upside! We have seen in recent days the crypto markets sell off with altcoins most heavily affected and a large flush of open interest wiped with leveraged longs. A stark reminder how corrections play out in a bull market.
Historically rate cuts have been a trigger for higher prices in Bitcoin and crypto. This was most notable during the 2021-2022 period. As we see the FED entering this new phase of rate cuts and potential quantitative easing if history repeats, risk assets will outperform. This is good for crypto. The bigger question is can the FED keep inflation in check as a result.

RWA’s continue to set new highs, we look at why RWA’s are the future of finance.

We look at Dark Pools and the role they play in crypto.

We have covered stablecoins in previous reports, but whats next for them, we break it down.

Project Analysis, we dive into EigenLayer.