Here’s the key reason why a half-point cut would actually hurt stocks, according to Morgan Stanley’s top strategist – Deira Trading Company

Bitcoin (BTC) $ 71,262.00 3.00%

Ethereum (ETH) $ 2,208.56 4.02%

Tether (USDT) $ 1.00 0.00%

BNB (BNB) $ 594.76 2.59%

Solana (SOL) $ 82.71 3.20%

XRP (XRP) $ 1.34 2.13%

USDC (USDC) $ 0.999935 0.02%

TRON (TRX) $ 0.322099 0.69%

Polkadot (DOT) $ 1.24 4.14%

Dogecoin (DOGE) $ 0.091293 2.91%

Avalanche (AVAX) $ 9.15 3.45%

Cardano (ADA) $ 0.239376 5.35%

Shiba Inu (SHIB) $ 0.000006 3.55%

Lido Staked Ether (STETH) $ 2,265.05 3.46%

the-open-network

Toncoin (TON) $ 1.46 0.01%

Chainlink (LINK) $ 8.82 3.99%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 76,243.00 3.12%

Uniswap (UNI) $ 3.04 4.67%

Bitcoin Cash (BCH) $ 423.59 3.70%

NEAR Protocol (NEAR) $ 1.36 3.13%

Litecoin (LTC) $ 53.78 2.87%

internet-computer

Internet Computer (ICP) $ 2.43 4.96%

Aptos (APT) $ 0.819475 6.08%

LEO Token (LEO) $ 10.13 0.16%

Filecoin (FIL) $ 0.868057 5.29%

Dai (DAI) $ 0.999611 0.01%

Stacks (STX) $ 0.214016 3.84%

Cosmos Hub (ATOM) $ 1.74 2.47%

Arbitrum (ARB) $ 0.111363 5.02%

Ethereum Classic (ETC) $ 8.17 4.25%

Render (RENDER) $ 1.90 7.19%

Immutable (IMX) $ 0.140258 4.90%

Bittensor (TAO) $ 260.22 6.52%

Stellar (XLM) $ 0.151558 2.53%

hedera-hashgraph

Hedera (HBAR) $ 0.086019 3.49%

crypto-com-chain

Cronos (CRO) $ 0.068224 2.23%

The Graph (GRT) $ 0.023711 2.56%

OKB (OKB) $ 82.91 3.03%

Optimism (OP) $ 0.108056 7.00%

Kaspa (KAS) $ 0.032014 3.61%

injective-protocol

Injective (INJ) $ 2.92 4.46%

Pepe (PEPE) $ 0.000004 6.02%