Analyst: Fed rate cut improves institutional, whale sentiment in bullish signal for BTC

An analysis suggests that investor sentiment among institutions and whales has improved following the U.S. Federal Reserve's interest rate cut. CryptoQuant contributor Burak Kesmeci noted that open interest (OI) for BTC on Binance increased by 4.7% after the Fed lowered rates by 25 basis points. He analyzed that this indicates a growing risk appetite among institutional and large-scale investors, which could serve as a foundation for future upward momentum.