For the first time in 2025, the Fed has slashed interest rates – by a small but significant 0.25% amidst slowing job gains and rising unemployment.
However, Powell is of the opinion that a quarter point rate cut wouldn’t make much of a difference to the economy.
From a crypto point of view, when asked about the Fed’s future plans, Powell said that there’s no preset path and the Fed will take decisions as per dynamic market data.
It’s worth noting that the Fed won’t just outright say that it plans to slash rates further. To get to the bottom of the brewing expectations of more rate cuts in 2025, we turned to Gemini.
With access to real-time market data, price movements, and online chatter, Gemini is well positioned to offer an objective picture of what we could reasonably expect from the market nextr.
The best part? We also asked Gemini about the best crypto to buy now to make the most of the Fed’s latest (and potentially upcoming) rate cuts. Its top pick? PEPENODE ($PEPENODE).
Fed’s Tariffs Warning, Job Market Pressure, and Market Bets on More Cuts
Jerome Powell, Fed Chair, said that Trump’s tariffs are starting to increase prices. However, the overall economic effect is yet to kick in and is something that the Fed is watching closely.
He further emphasized that lower immigration has impacted the job market and worker supply, and the overall job growth has also slowed down to a crawl.
Although the Fed will analyze new data and decide on future rate cuts accordingly (of course he won’t say outright that the Fed plans on cutting rates), a few banking giants have made bold predictions about subsequent rate cuts.
While the current rate cut was on expected lines, the market is still hungry for more, which makes the next two months quite crucial for crypto.
$BTC surged by more than 2% after the announcement of the rate cut. Similarly, $ETH saw a 4% increase, whereas $SOL rallied by 6%.
Traditionally, rate cuts make borrowing cheaper, and investors tend to lean towards more risk-on assets like crypto where there are bigger profits to be made.
With another rate cut expected in the next 40 days, this is the best time to invest in some promising crypto assets. However, the crypto market is flooded with thousands of assets and picking one can be quite a challenge.
Enter Gemini. Thanks to its direct integration with Google Search, the AI was able to quickly gather and analyze thousands of relevant data points to point us toward PEPENODE ($PEPENODE).
Let’s see what makes the project a good pick for September.
What is PEPENODE? Mine-to-Earn Mania
PEPENODE is an Ethereum-based cryptocurrency offering a gamified virtual mining experience that lets participants build their own mining rigs.
Traditional mining requires heavy hardware setup and is extremely expensive, which makes it inaccessible to the wider public.
This allows you to build, upgrade, and develop a custom mining rig (for mining $PEPENODE – the platform’s official crypto) without investing heavily into additional hardware.
How Does $PEPENODE Work?
Usually, when you buy a presale token, there isn’t much to do apart from holding and waiting for it to list on an exchange.
However, PEPENODE takes user engagement to another level by letting you feel part of the project right from the beginning.
Your mining journey starts with an empty virtual server room, just like a blank canvas.
Next, you’ll need to purchase nodes by spending $PEPENODE. Each mining node is a unique asset with its own properties. The more nodes you purchase, the greater your mining capacity.
You can boost your output by acquiring different nodes and combining them in various permutations for higher leverage. Plus, these nodes can be upgraded, exchanged, and even sold – all through the platform’s native currency.
This unique gamified setup gives you a sense of ownership and progress as soon as you purchase your first $PEPENODE token.
The project also rewards early adopters with more powerful nodes that have higher return-generating potential, creating urgency and incentivizing participation. The earlier you join, the greater your rewards.
Why Should You Join the $PEPENODE Mining Party?
As you can see, $PEPENODE is the lifeblood of the entire mining ecosystem. It’s the currency you’ll use to buy, upgrade, and sell nodes while also being the very token you’re mining on the virtual rig. In short:
- You use fiat (or other crypto) to buy $PEPENODE.
- You then use $PEPENODE to buy nodes and set up your mining rig.
- As you mine, you earn more $PEPENODE as rewards, and the cycle continues.
- When you’re done, you can sell your node for $PEPENODE, and then exchange your $PEPENODE for fiat (or other crypto).
The $PEPENODE presale is fresh out of the oven and has already raised $1.24M from enthusiastic early investors.
Each $PEPENODE is currently priced at just $0.0010617. But with a price increase due in less than 3 hours, this could be your last chance to get in at this low entry point.
Visit PEPENODE’s official website to learn more about its gamified virtual mining ecosystem and how you can start building your own custom rig to earn $PEPENODE.
Disclaimer: This content has been supplied by a third party contributor. Brave New Coin does not endorse or promote any products or services mentioned herein. Readers are encouraged to conduct independent research before making any financial decisions. The information provided is for informational and educational purposes only and should not be interpreted as investment advice.
Source: https://bravenewcoin.com/insights/gemini-crypto-forecast-after-fed-rate-cut-pepenode-hype-grows