Market speculation surrounding a potential half-point interest rate cut by the Federal Reserve is driving significant shifts in market behavior, with traders increasingly betting on an aggressive move that could impact cryptocurrency prices. Analysts attribute this shift to delayed U.S. economic data and concerns about potential weakening of the economy, which are influencing broader macro trends. Traders are currently positioning heavily on SOFR options, as they anticipate a half-point cut by year-end. This increased activity is further fueled by comments from Fed Chair Jerome Powell acknowledging risks to employment, while the government shutdown’s delayed data adds complexity for market players.