Markets are seeing a nearly 70% probability of a bigger 50 bps rate cut to the 4.7%-5% range, up from 25% a month ago.

• Bitcoin remains stable around $58,480 with slight movements in other cryptocurrencies like XRP, SUI, and FTM.
• The market anticipates the Federal Reserve's potential interest rate cut on September 18, which is expected to influence risk assets positively, with a 67% probability of a 50 bps rate cut.
• Former President Donald Trump's associated project, World Liberty Financial, announced the launch of a governance token exclusively for U.S. accredited investors.

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