According to @KobeissiLetter citing @Kalshi, following the US-China trade deal, market participants now anticipate only two interest rate cuts by the Federal Reserve in 2025. This adjustment in rate expectations signals a less dovish monetary policy outlook, which could dampen liquidity flows into risk assets like cryptocurrencies. Historically, fewer rate cuts tend to strengthen the US dollar, potentially exerting downward pressure on Bitcoin and altcoin prices as crypto markets often react inversely to tighter monetary conditions. Traders should monitor the evolving macroeconomic landscape, as reduced rate cut expectations may shift capital allocation strategies across digital assets. (Source: @KobeissiLetter, @Kalshi, May 13, 2025)