Fed Rate Cut and Stablecoin Flows Set Stage for Uptober Rally – $BEST Token Poised to Benefit

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Quick Facts:

1️⃣ The Fed’s expected rate cut and low Stablecoin Supply ratio point to rising liquidity and renewed confidence across the crypto market.
2️⃣ A dovish speech by Powell could unlock fresh capital for risk assets, setting up a true ‘Uptober’ breakout.
3️⃣ Post-FTX demand for self-custody continues to grow, boosting interest in wallet-based ecosystems like Best Wallet.
4️⃣ $BEST has raised over $16.69M, showing strong signs of adoption ahead of launch.

The final week of October is shaping up to be one of the most pivotal in months for the crypto market.

Between the Federal Reserve’s upcoming rate decision, the Trump-Xi summit in South Korea, and a flood of Big Tech earnings, there’s a lot of volatility to prepare for. And, hopefully, the long-awaited ‘Uptober’ breakout.

All eyes are on the Fed. On Polymarket, the chance of a 25-basis-point rate cut on Wednesday is at 98%. This cut would push the benchmark rates to their lowest level since 2022.

Source: Polymarket

Having lower rates reduces the cost of capital, which tends to drive liquidity toward higher–risk assets. For $BTC, $ETH, and other crypto majors, there tends to be a spike in momentum.

Following the rate cut in September, $BTC rose 6% within days, reigniting risk appetite across the industry. If Powell’s speech is dovish, a similar positive reaction could emerge this week, especially if soft inflation data continues to provide policymakers with room to ease.

Add into the mix the prospect of a trade deal between Washington and Beijing, stronger-than-expected S&amp

Go to Source to See Full Article
Author: Aidan Weeks

Bitcoinist