Crypto Set to Benefit as $8 Trillion Shifts Out of Money Markets

US money market funds have surpassed the $8 trillion mark, driven by record-high returns that are shrinking due to the Fed’s interest rate cuts. This surge of capital presents a significant opportunity for cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH). Experts predict a shift as investors seek higher returns in riskier assets, including DeFi yield opportunities that offer significantly higher APY compared to shrinking money market yields.