Markets remain cautious following the first Fed rate cut since December. This reflects the need for clarity on whether this marks the beginning of a sustained dovish turn or is merely a modest recalibration. In this week's update, we look at: - the latest Fed rate cut - the Summary of Economic Projections - @Bitcoin's reaction. Learn more: https://coinshares.com/insights/research-data/market-update-19-09-2025/?utm_source=twitter&utm_medium=social&utm_campaign=Research&Data_MarketUpdate_0925&utm_content=market-update-19-09-2025(CoinShares)