CEX.IO Chief Analyst Illia Otychenko stated that while lowering interest rates usually benefits risky assets like Bitcoin, investors should focus on the Fed's forward guidance. Even if the Fed chooses to cut rates by 50 basis points, the market's reaction may depend on Chair Powell's comments regarding future monetary policy actions. If there is no clear forward guidance, institutional investors might reduce their risk exposure, which could stifle Bitcoin's bullish momentum. (Decrypt)