CZ is about to return from prison: New impetus for the market is coming
Time flies so fast, CZ is about to come out. With the return of CZ, the cryptocurrency circle seems to have ushered in a new impetus.
The former head of Binance, with his outstanding leadership and market insight, once led Binance to move forward steadily in the bear market.
Now, his imminent return has undoubtedly injected a shot of adrenaline into the market. Investors have turned their attention to July 14, expecting Binance to bring a new market miracle this month.
US interest rate cut: release of liquidity
The U.S. Federal Reserve's decision to cut interest rates has released liquidity to the global capital market and brought new investment opportunities to the cryptocurrency world.
This decision may reduce investors' capital costs, increase the supply of funds in the market, and thus drive up asset prices.
Against this backdrop, any move by Binance may become the focus of market attention.
Rate cut expectations: a catalyst for market sentiment
As the Fed's interest rate cut is getting closer, the Bitcoin market seems to have felt the warm wind. Even though the German government has been selling Bitcoin, it has not fallen below 52,000.
Because the market's expected interest rate cut is like a shot in the arm, which not only boosts investor confidence, but also provides a solid foundation for the stable growth of Bitcoin. The expectation of interest rate cuts has kept Bitcoin's volatility at a low level, showing its potential as a safe-haven asset.
Second: Is the bull market for Bitcoin still there? Can it reach new highs?
Bitcoin has shown remarkable stability amid past volatility, thanks in large part to effective communication from the Federal Reserve and the market’s positive response to expectations of rate cuts.
In addition, there is the inflow of funds into Bitcoin spot ETFs, which strongly correlates the volatility of Bitcoin with US stocks.
Rate cuts are typically accompanied by lower funding costs and increased liquidity, which brings new investors and capital inflows to the Bitcoin market.
As Bitcoin becomes increasingly relevant to traditional financial markets, the decision to cut interest rates will undoubtedly become an important turning point in the Bitcoin market. It is expected that the new high and top of the bull market will appear around 2025, which is the time period of the first and second interest rate cuts in the United States.
3. BNB’s potential: the focus of market attention
As Binance's platform currency, BNB's performance in the market has always attracted much attention. With the dual benefits of CZ's return and the US interest rate cut, BNB is expected to become the biggest beneficiary of the market.
Investors expect BNB to show its true potential on July 14 and become an important force driving the market up.
Expectations of interest rate cuts have paved the way for the Bitcoin market to reach new highs. Historical data shows that whenever market liquidity increases, the price of Bitcoin tends to rise significantly.
The current expectation of interest rate cuts, coupled with the increasingly mature trading mechanism of the Bitcoin market, provides a double impetus for the rise in Bitcoin prices.
We have reason to believe that driven by the tide of interest rate cuts, Bitcoin is expected to break through its historical high and embark on a new growth journey.