All Things Crypto

ATC quote · Jul 31, 2024 · 0:20:21

“Yeah. So the current federal benchmark rate right now is 5.25% to 5.5. So I agree. I do think the the consensus right now is for a 25 basis point cut. So that would take it from, let's say, five…”

NatNat @Natnatx007 (speaker unconfirmed)

From ATC: $STX GETS PUMP.FUN(ish) BONDING CURVE Sponsored by @VelarBTC, Jul 31, 2024 · Episode page

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0:17:55 Kool @koolcryptovc (speaker unconfirmed): Oh, okay. Yeah. So so when when COVID happened, right, I think they cut rates aggressively. Right? Right? So right now, I think, I think the rates, I think it's, five point or 6%, I think. So when they... When I say small small rates cut to be 0.25%, That's that's a a small rate cut. A big a big rate cut will be... Oh, if they cut rates by 1%, if they cut rate by 1%, I... The market probably crashed, man, because…

0:20:21 NatNat @Natnatx007 (speaker unconfirmed): Yeah. So the current federal benchmark rate right now is 5.25% to 5.5. So I agree. I do think the the consensus right now is for a 25 basis point cut. So that would take it from, let's say, five five point two five. So the lower end, it'll put it at a at a five. And if we... If they're successful at doing it slowly, I think it's gonna... As I said in the beginning, it's going to help the the crypto market for sure…

0:21:05 Dave @DCBK2LA (speaker unconfirmed): Damn. Is that really is that really it? Twenty three year high?

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