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📅 July 3, 7:00 – July 9,
This Upcoming Week is Very Significant! 💹
The Fed will start cutting rates. As rates fall a lot of capital will leave Money Market Funds and go into risk assets such as Crypto.
Rates were high so it made sense to put your cash in Money Market Funds and earn a high yield. But with rates getting ready to drop and the DXY continuing to break downwards it now makes sense for investors to jump into risk assets to earn a reasonable return. There is around $6 Trillion in MMFs.