As the market continues to bet on a cautious rate-cutting path by the Federal Reserve, the dollar rises.

According to data from the London Stock Exchange Group, the market expects the Federal Reserve to cut rates by a total of 38 basis points by December 2025.

The Federal Reserve cut rates by 25 basis points the previous week but indicated that future rate cuts would slow down.

Analysts at Deutsche Bank stated in a report that the Federal Reserve is likely to skip a rate cut in January next year, which could evolve into a long-term pause in policy easing until 2025.$BTC $ETH #比特币行情