Markets are indicating a shift in expectations.
Fed futures now price an 89% probability of rates at 3% or lower in 2026.
Lower interest rates generally increase liquidity in financial markets.
At the same time, policy focus is turning toward the midterm election cycle.
This phase often emphasizes short-term economic support.
Such conditions tend to add liquidity to the system.
Increased liquidity usually benefits risk assets.
Crypto has historically responded well in similar environments.
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