OKX Ventures Q3 Report: Continued Focus on Leading Ecosystems Such as Bitcoin, Ethereum, and AI
Industry Insights Macro Environment: The Federal Reserve’s rate cuts have positively impacted the macro environment, benefiting major decentralized finance (DeFi) protocols. In September, the Fed implemented a significant 50-basis-point rate cut, lowering the federal funds rate to a range between 4.75% and 5%. Although this caused short-term fluctuations, Bitcoin's long-term outlook remains strong. With the global financial system increasingly dependent on monetary expansion, BTC, as a global asset independent of central bank policy, has grown in appeal, with net inflows into totaling $21.3 billion.