According to @StockMKTNewz, the FOMC cut the federal funds target range by 25 bps to 3.50%-3.75% on a 9-3 vote, with Miran voting for a 50 bps cut and Schmid and Goolsbee voting for no cut. Source: @StockMKTNewz. Lower policy rates typically ease financial conditions and can pressure front-end yields and the US dollar, so traders should watch the 2-year Treasury yield, DXY, and liquidity-sensitive risk assets including BTC and ETH for follow-through. Sources: Board of Governors of the Federal Reserve System, U.S. Department of the Treasury, Intercontinental Exchange. Near term, monitor Fed funds futures and OIS curve repricing for upcoming meetings to gauge the path of policy, which often drives cross-asset risk appetite and crypto beta. Sources: CME Group, Federal Reserve Bank of New York. For crypto desk execution, track BTC and ETH perpetual funding and spot-perp basis to confirm whether the rate cut is translating into sustained risk-on positioning. Sources: Deribit, Binance.