@infants
Crypto markets "sell the news" after a Fed 50-bps emergency rate cut due to expectation build-up, profit-taking, and risk reassessment. Traders price in the cut beforehand, driving prices up on rumors. When the news hits, early buyers cash out, and the cut’s urgency—hinting at economic trouble—spooks others. Leverage in crypto amplifies this, triggering liquidations. Historically, markets "buy the rumor, sell the news," like in 2020’s COVID cuts. On March 30, 2025, the sell-off reflects pre-baked expectations and human nature, not a rejection of cheap money. (139 words)