The Bitcoin, Ethereum, and Dogecoin prices are expected to react to another Fed rate cut, which is likely to happen at the October 29 FOMC meeting . Although this is typically bullish for risk assets, analysts have noted that the rate cut might already be priced in.

What Happens To The Bitcoin, Ethereum, and Dogecoin Prices On a Rate Cut

Crypto analyst Bull Theory noted that a 25 basis points (bps) rate cut is already priced in, suggesting that Bitcoin, Ethereum, and Dogecoin prices are unlikely to rally much if they do so following the rate cut announcement. The analyst indicated that what could spark another bull rally for the market is if Jerome Powell signals the end of quantitative tightening.

Bull Theory stated that if confirmed, it would mean that the Fed stops

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