Fed Rate Cut Odds Low, Crypto & AI in Spotlight

The probability of a 25 basis points interest rate cut by the Federal Reserve in March was 14.5% before the release of the Non-Farm Payrolls data, according to CME's "FedWatch" data. This indicates a low likelihood of a rate cut, with the probability of no change being 85.5%.

The data also suggests a low probability of a cumulative 50 basis point rate cut by the Fed by May, at 3.7%, and a higher probability of a cumulative 25 basis point rate cut, at 32.8%. The probability of no change by May is 63.4%.

The market is closely watching the Fed's policy decisions, as they can have significant impacts on the economy and financial markets. The Non-Farm Payrolls data release is a key indicator that can influence the Fed's decision on interest rates.

The market is also keeping an eye on developments in the crypto and AI sectors. DeepSeek has unveiled the Burst AI bubble, which could have implications for crypto AI. Virtuals has launched a partner network, allowing X accounts to connect to AIXBT terminals for additional interaction.

Key market insights for February 7th have been released, providing a summary of the day's events and any missed opportunities. On-chain Detective continues to monitor the market, providing real-time updates and analysis.