FOMC Minutes Signal More Possible Rate Cuts as Bitcoin Continues to Climb

Quick Facts:

• 1⃣ The latest FOMC published minutes indicate general support for more rate cuts.
• 2⃣ The ‘dual mandate’ remains in play, forcing the Fed to balance lowering inflation and increasing employment
• 3⃣ The Fed’s move sets up the best crypto to buy now to build on the market’s momentum, with the potential for two more cuts this year.

The much-anticipated minutes from the Fed’s September 16-17 meeting finally became public, and they’ve sparked renewed optimism across markets.

Since the quarter-point cut on September 17, Bitcoin has risen by approximately 6.5%. The FOMC minutes suggest that additional rate cuts could be ahead, potentially boosting Bitcoin – and the broader crypto market – even further. That macro shift could make these tokens – $HYPER, $PEPENODE, and $MNT – among the best crypto to buy now.

The minutes suggest a Fed increasingly open to further easing. Several officials indicated willingness to consider additional rate cuts this year, and a notable number of participants expect around two more quarter-point reductions.

That’s a modestly dovish tilt when compared to earlier stances.

But the minutes also reveal the Fed’s perpetual dilemma: balancing employment and interest rates. The Fed has only one tool to impact the market – and that’s interest rates. But lowering or raising interest rates has more or less the opposite effect on each.

Raise interest rates, and you reduce consumer spending by prompting people to save more, in the hope of eventually cooling inflation. With inflation well above the Fed’s target of 2%, this helps explain why the Fed has kept interest rates high.

But unemployment is a thornier problem. Keep interest rates too high for too long and economic vibrancy falls, with fewer new jobs and less growth. That causes unemployment to climb back up.

With a nine-month streak of no rate cuts, the Fed clearly thought for a while that inflation was the greater concern. But that has changed as unemployment has slowly, steadily ticked upwards:

The so-called ‘dual mandate’ is nothing new, but eventually dovish heads prevailed, causing the Fed to issue its first rate cut in nine months in September. The minutes reveal that some governors argued for more drastic reductions – one even favored a half-point cut rather than the standard quarter-point cut.

Bitcoin Responds Bullishly

Crypto markets, always sensitive to monetary policy shifts, reacted positively. Bitcoin recorded a bounce as traders clearly hoped that looser policy would flow liquidity into risk assets. The reasoning is straightforward: lower interest rates ease the burden on growth and raise the appeal of alternative assets.

In this light, the minutes seem to support a positive backdrop for crypto.

At the same time, the release makes clear that future moves will depend heavily on economic data. The dual mandate remains in effect, and inflation and employment figures will be crucial. If inflation persists or job markets remain robust, the Fed may hold back on future rate cuts.

The market currently expects another rate cut; if that expectation isn’t met, there could be even more recoil.

The FOMC minutes nudged markets toward an expectation of a more accommodative Fed that invigorates crypto momentum. But with the road ahead still uncertain, it’s more important than ever to find the best crypto to buy now to take advantage of the volatility.

Here are three you can’t miss – a utility token, a meme coin with mega-ambitions, and an altcoin on the rise.

1. Bitcoin Hyper ($HYPER) – Bitcoin Layer 2 for Faster, Cheaper Bitcoin Transactions

Bitcoin is reliable, secure, and slow. That makes it fantastic as a store of value, but less than ideal for everyday transactions.

Bitcoin needs to speed up dramatically in order to really break through as an ‘everyday’ crypto. Fortunately, there’s a blockchain out there with speeds a lot higher than Bitcoin’s average of 7 TPS.

That’s Solana – and by extension, the Solana Virtual Machine (SVM) – which regularly executes thousands of transactions per second.

Bitcoin Hyper ($HYPER) leverages a Canonical Bridge to move $BTC to the Hyper Layer 2, creating wrapped Bitcoin that can be swapped and traded with minimal fees and at lightning-quick speeds.

What is Bitcoin Hyper? It’s a hybrid Layer 2 solution that opens up the full range of everyday transactions for Bitcoin.

 Learn how to buy $HYPER and see why our price prediction shows the token could reach $0.32 by the end of the year, up 2345% from its current $0.013085.

Check out the Hyper presale page for the latest info.

2. PepeNode ($PEPENODE) – Gamified Meme Coin Mining

You don’t mine memes; they make them. At least, that’s until now. With PepeNode ($PEPENODE), investors stake $PEPENODE to upgrade their own virtual mining rig and earn rewards in meme coins.

How it works: You buy and stake your PEPENODE in the presale stage. Not only do you get 731% rewards APY during the presale, but once it ends, you can also mine to earn $PEPENODE and in other popular meme coins like $FARTCOIN and $PEPE.

Learn how to buy PepeNode with our guide.

Investors can upgrade their rigs, adding more nodes to mine memes faster. You get different kinds of nodes, and can combine them to supercharge your mining capabilities and $PEPENODE yield.

Gamifying meme coin earning could boost the prospects for this little green frog meme.

The presale has raised $1.7M from early backers. If momentum continues to grow, this price prediction indicates that $PEPENODE could reach $0.0023 by the end of the year, up from its current value of $0.0010918.

That’s a potential return of over 110% and puts PepeNode firmly on our list of the best cheap crypto to buy.

Try your hand at meme coining mining at the PepeNode website.

Mantle ($MNT) – Ethereum Layer 2 for the Future of DeFi

DeFi provides ample opportunities for yield farming and staking, but the ecosystem is fractured, with a few big players (like Hyperliquid) and numerous up-and-comers.

Mantle ($MNT) is one of the latter. The $MNT token is up over 300% since last year, with over $255M in TVL on the protocol.

The network provides a blockchain for building more apps, and a liquid staking protocol for yield farming. There are also tools – such as the Mantle Index Four – focused on building out institutional DeFi adoption.

The surge in $MNT reflects rising confidence in the protocol and the token’s upside potential. With more rate cuts on the horizon, appetite for risk assets like crypto is heating up, with $MNT clearly in the spotlight.

Looking ahead, further cuts – perhaps one in October, another in December – require the data to cooperate. Surprises in inflation or employment could force a market reset.

Either way, $HYPER, $PEPENODE, and $MNT could turn out to be some of the best cryptos to buy in the months to come.

As always, do your own research. This isn’t financial advice.

Authored by Bogdan Patru for Bitcoinist — https://bitcoinist.com/fomc-minutes-signal-more-possible-rate-cuts-as-bitcoin-continues-to-climb