Federal Reserve President John Williams suggests a possible interest rate cut at the September FOMC meeting. His comments have spurred optimism across markets, with significant impacts on sectors like homebuilding and technology, and potentially influencing cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). 🤔 Williams emphasized that the upcoming economic data will be crucial for determining the decision regarding interest rates at the September meeting. He noted, ‘Interest rates could potentially be lowered, but upcoming economic data would be crucial for determining the appropriateness of a cut at the September meeting.’ This hint of rate easing has led to increased crypto market activity and potential for growth in DeFi protocols. 📈