Fed Rate Cuts Anticipated Amid $4.5B Token Unlock Liquidity Test

Market Overview

Polymarket and CME FedWatch predict a 25 bps rate cut at the upcoming FOMC meeting, with further cuts expected by year-end.
On-chain activity shows BTC trading at $116,762, up 1.3% daily and 4.7% weekly. ETH is at $4,502, up 4.3% weekly.
CryptoQuant reports decreased exchange inflows for BTC and ETH, indicating reduced sell-side pressure. Bitcoin inflows are at a 7-day average low of 25,000 BTC.
Stablecoin USDT deposits into exchanges increased to $379 million in August, indicating potential support for market rallies post-Fed announcement.
Altcoins show rising exchange activity, signaling possible profit-taking despite tight supplies of BTC and ETH.
September will see $4.5 billion in token unlocks, potentially impacting liquidity.

BTC: Trading above $116,500, buoyed by expectations of U.S. rate cuts but facing caution ahead of the Fed meeting.
ETH: Shows modest strength, influenced by overall market momentum and awaiting Fed policy clarity.
Gold: Reaches record highs due to anticipated U.S. rate cuts and geopolitical uncertainties.
Nikkei 225: Down 0.3%, reflecting Wall Street losses and anticipation of Fed rate decisions.
S&P 500: Dropped 0.13% as investors secure profits before the Fed's rate decision.

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