Weekly Market Commentary - DV Chain - September 23, 2024
💡 Welcome back to DV Chain's Weekly Market Commentary! In this edition, we cover the Fed’s 50 bps rate cut, marking the start of a new rate-cutting cycle after 1.5 years of unchanged rates. Risk assets, including crypto, surged in response, with ETH leading the way, up 15%, and BTC up 6%. We also highlight major developments such as BlackRock’s Bitcoin ETF options approval, Trump’s continued support for crypto, and key upcoming catalysts like the Eigen airdrop and FTX creditor distributions. Dive in for insights on the latest market trends and potential trade ideas: