What Cryptocurrency Sectors Have the Potential to Outperform the Market Amid Weakening Expectations of US Interest Rate Cuts

This week, the market has been experiencing a continued deep adjustment and is currently trending towards stability. Is there an opportunity pick up stocks?
Recently, the US significantly increased its deficit expectations, reflecting an intention support the economy through fiscal policies. It is expected that restarting fiscal efforts will further support liquidity and the real economy. The urgency and magnitude of interest rate cuts may diminish due the trend of US stocks. Following a decline below $60,000 this week, has rebounded while altcoins have been weaker compared to value coins.


roeconomic Environment:
Recent US consumer and real estate data were weak. Although non-f payrolls in May exceeded Bloomberg’s expectations (the same for others), widespread employment data further signs of weakening. Corporate investment continued its recent trend of improvement. Overall, growth in the United States has cooled slightly but remains resilient.
The deficit for FY2024 expected to reach $1.9 trillion – roughly equivalent to what was announced by the House Office of Management and Budget (OMB) at $1.86 trillion – restarting efforts will further support market liquidity and the real economy; thus reducing both urgency and magnitude interest rate cuts – greatly impacting market conditions.


Impacted by heavy selling pressure from Mt.Gox this week, Bitcoin (BTC) prices sustained downward pressure with altcoins experiencing greater declines while impacting on dollar index