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A large interest rate cut by the United States Federal Reserve would be better for risk assets and the crypto markets and not bearish as some believe, says the chief of a crypto hedge fund. Asymmetric founder and CEO Joe McCann told Cointelegraph it was a “coin flip” on a 25 or 50 basis point interest rate cut as the US central bank is poised to cut rates from their current 24-year high of 5.5% on Wednesday, Sept. 18, for the first time since March 2020. McCann said when an outcome is priced at a 70% chance in the Fed futures markets, it historically has a 100% success rate. The CME Fed Watch …

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