Crypto Markets Underestimate A Trump-Style Flood Of Rate Cuts: Expert

Crypto markets are confronting a fast-moving repricing of US monetary policy expectations, and macro trader Alex Krüger argues that even after last week’s sharp dovish turn, futures curves still fail to discount what a Trump-aligned Federal Reserve leadership could look like. Fed Cut Mispricing Sets Up Crypto Repricing Event In a post on X, Krüger shared a CME-derived table of implied policy rates for late-stage 2026 and framed it as the market’s baseline for the post-Powell transition. The table shows an expected fed funds rate of 3.47% for the April 29, 2026 FOMC meeting (347 bps), drifting to 3.29% for June 17, 2026 (329 bps), to 3.10% for September 16, 2026 (310 bps), and to 2.99% for December 9, 2026 (299 bps). In other words, the curve prices roughly 48 basis points of easing between late April and early December 2026 about two quarter-point cuts across that span—implying a relatively gradual descent toward just under 3%. Krüger’s core claim is that this path is inconsistent with