According to @KobeissiLetter, following the release of May CPI inflation data, prediction market platform Kalshi now shows increased expectations for two Federal Reserve rate cuts in 2025. This shift in rate cut expectations could drive renewed momentum in the cryptocurrency market, as lower interest rates often support risk assets like Bitcoin (BTC) and Ethereum (ETH). Traders should monitor macroeconomic data closely, as further easing could impact crypto prices and volatility. Source: @KobeissiLetter via Twitter.