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) $ 71,116.00 3.33%

Ethereum (ETH) $ 2,199.73 4.78%

Tether (USDT) $ 1.00 0.00%

BNB (BNB) $ 592.67 3.18%

Solana (SOL) $ 82.04 4.61%

XRP (XRP) $ 1.33 2.83%

USDC (USDC) $ 0.99999 0.05%

TRON (TRX) $ 0.322646 0.90%

Polkadot (DOT) $ 1.24 5.37%

Dogecoin (DOGE) $ 0.090996 3.84%

Avalanche (AVAX) $ 9.08 5.15%

Cardano (ADA) $ 0.238382 6.20%

Shiba Inu (SHIB) $ 0.000006 4.12%

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

the-open-network

Toncoin (TON) $ 1.47 0.65%

Chainlink (LINK) $ 8.77 5.17%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 76,243.00 3.12%

Uniswap (UNI) $ 3.04 5.14%

Bitcoin Cash (BCH) $ 423.47 3.97%

NEAR Protocol (NEAR) $ 1.36 3.76%

Litecoin (LTC) $ 53.74 3.35%

internet-computer

Internet Computer (ICP) $ 2.44 5.17%

Aptos (APT) $ 0.82242 6.42%

LEO Token (LEO) $ 10.14 0.15%

Filecoin (FIL) $ 0.874306 5.09%

Dai (DAI) $ 0.998722 0.10%

Stacks (STX) $ 0.214267 3.21%

Cosmos Hub (ATOM) $ 1.74 2.32%

Arbitrum (ARB) $ 0.111961 4.60%

Ethereum Classic (ETC) $ 8.16 4.61%

Render (RENDER) $ 1.90 8.18%

Immutable (IMX) $ 0.140513 4.68%

Bittensor (TAO) $ 261.86 3.93%

Stellar (XLM) $ 0.151427 3.22%

hedera-hashgraph

Hedera (HBAR) $ 0.086134 3.95%

crypto-com-chain

Cronos (CRO) $ 0.068113 2.82%

The Graph (GRT) $ 0.02362 3.27%

OKB (OKB) $ 83.06 2.96%

Optimism (OP) $ 0.109093 6.12%

Kaspa (KAS) $ 0.032201 3.16%

injective-protocol

Injective (INJ) $ 2.92 4.89%

Pepe (PEPE) $ 0.000003 8.29%