Markets are anticipating interest rate cuts from the Federal Reserve, with a near 95% probability of a quarter-point reduction at the next meeting. Analysts predict a series of reductions through 2026 due to weakening labor market and housing conditions. This expected easing is boosting major cryptocurrencies, with investors pouring $1.7 billion into US spot Bitcoin ETFs. Predictions vary, with some expecting Bitcoin to reach $140,000 by year-end and potentially $250,000 with institutional inflows. However, the immediate reaction may depend on the size of the Fed’s cut, with a larger cut causing a shake-up in the market.

Read more at Yahoo Finance: Why the Fed will lower interest rates next week. Coinbase says ‘cuts baked in,’ Morgan Stanley forecasts more ahead