According to @CNBC, Asia-Pacific markets are set for recovery on revived hopes of U.S. Federal Reserve rate cuts after last week’s tech losses, signaling improving risk appetite in the region, source: @CNBC. IMF analysis documents a strong positive correlation between major cryptocurrencies such as BTC and ETH and global equity risk sentiment, indicating that easing-rate expectations have historically acted as a macro tailwind for crypto prices, source: IMF 2022 analysis on crypto–equity correlations.