Coinbase analysts are skeptical that rate cuts will significantly impact market movement, crypto.news reports. 

Although traditional financial markets typically respond well to lower interest rates, the analysts highlight various factors that could hinder a market rebound. These include the ongoing release of Bitcoin from the Mt. Gox rehabilitation process, the U.S. government's continued sale of seized crypto assets, and the market's dependence on macroeconomic indicators. As a result, crypto traders remain cautious about investing before the Federal Reserve's meeting in September.