Bond investors have been betting on a future shift by the Federal Reserve towards rate cuts, but recent market volatility has put these bets to the test. Based on expectations of the new policymakers' tendencies, many funds have already made early moves. However, changes in economic data and policy uncertainties are disrupting these carefully laid plans. The current question is—can these early bets withstand the upcoming market pressures? For the crypto market, any change in interest rate policy could trigger a chain reaction, which is why many traders are closely watching the Fed's next move.