You are right to be skeptical as situation is far from simple. Potential Fed rate cut in September is not same as money printer being turned on. We know that Rate cut is regular tool used to make borrowing cheaper and encourage spending while Quantitative Easing is much more aggressive step where Fed directly buys government bonds and other assets. And rate cut might be signal that Fed is ready to do more but its impact on crypto is classic double edged sword lower interest rates could make risky assets like crypto more attractive causing short term price increase. And if rate cut is sign that economy is struggling and recession is on way investors could sell off all risky assets including crypto and move to safer options. This is a very different situation from one in 2021 and future of crypto will depend on these rate cuts are seen as sign of economic weakness or calculated move to prevent downturn.