According to The Kobeissi Letter, global central banks implemented 15 interest rate cuts in May 2025, marking the fastest monthly pace this year and one of the largest rate-cutting waves in the 21st century (source: Twitter @KobeissiLetter, June 17, 2025). This aggressive monetary easing historically correlates with increased liquidity in financial markets, often leading to higher risk appetite among investors. For cryptocurrency traders, such macroeconomic shifts typically result in upward momentum for leading digital assets like BTC and ETH, as lower rates make alternative investments more attractive. Traders should monitor central bank policy actions closely, as continued rate cuts could further fuel bullish sentiment and volatility in the crypto market.