Fed Hints at Rate Cut—Crypto Investors Drop Their Coffee, Markets Go Wild! 🚀

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It seems the great American pastime of guessin’ what the Federal Reserve will do next just got spiced up like a Mississippi barbecue. Old Christopher Waller, one of them fed officials with a taste for suspense, declared the Fed might just go ahead and whittle down interest rates come July. Apparently the economy’s cooling off faster than a frog on a slab of ice, and his view is that them tariffs are just a summer mosquito—annoying but short-lived.

Now, Waller reckons the central bank’s core rate is sittin’ out yonder—a whole 1.25% to 1.50% higher than it needs to be, like a cow perched atop a windmill (which is to say, too high and making folks nervous). He says:

“I think we’ve got room to bring it down, and then we can kind of see what happens with inflation. We’ve been on pause for six months to wait and see, and so far the data has been fine.”

Translation: The Fed’s been sittin’ around like old men on a porch, waitin’ for something exciting to happen, and now Waller thinks it’s time to shake things up. And all this ruckus kicked up mere days after the Fed voted to not budge rates a single inch—still between 4.25% and 4.50%—but winked and nudged that a couple of cuts could be comin’ before the year’s through. 

Of course, you’ve got Donald Trump in the peanut gallery, hollering for a cut the size of Texas. He keeps pointin’ over to Europe, where the European Central Bank has been slicing their rates like a chef with new knives—eight cuts just since last year. He’s got a one-track mind: more cuts, more tweets, more drama.

Now, the prospect of the Fed letting rates tumble is music to the ears of Bitcoin, Ethereum, Solana, and Cardano fans. If history’s got anything to say, lower rates send crypto jumpin’ higher than a coon dog who spotted a rabbit—remember those wild days during 2020 and 2021, when Bitcoin sprinted past everyone’s expectations?

Meanwhile, Wall Street’s packs of investors—never ones to leave a dollar on the table—have started gobbling up Bitcoin and Ethereum like there’s a prize in every wrapper. Just this Wednesday, spot Bitcoin ETFs raked in $389 million (enough to give even Scrooge McDuck a twinkle in his eye), haul for the month now sittin’ at $2.28 billion. The three-month tally is over $10 billion, with an all-time pile higher than the Missouri river, up to $46.65 billion.

Not to be outdone, Ethereum ETFs have wrangled nearly $1.5 billion in past three months—total flows pushing $3.9 billion. All that cash has left Bitcoin and Ethereum scarcer on exchanges than a good joke at a banker’s convention, and with any luck (or at least more hand-waving and grandstanding from the Fed), prices might just go hoppin’ up again soon.

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2025-06-20 20:23