Bank of America predicts that the Federal Reserve will make two rate cuts in 2025, potentially impacting cryptocurrency markets by increasing liquidity. This forecast shift comes after recent labor data influenced economic projections, leading to a change in anticipated interest rates. 25 basis point cuts are expected in September and December. The potential for increased investor risk-taking due to lower borrowing costs is predicted, which could lead to higher inflows into cryptocurrencies like Bitcoin and Ethereum. Historical trends suggest that rate cut cycles often result in asset rallies for cryptocurrencies. Market anticipation of the cuts has already been observed in on-chain activity, particularly high buy-side volumes for major cryptocurrencies.