The annual rate of the US core PCE price index for June, released last night, was 2.6%, higher than expected.
The market generally expects the Fed to keep interest rates unchanged in July and start cutting interest rates in September.
eToro analysts also said: The PCE data released yesterday will lay the foundation for Powell's expected interest rate cut in September.
In addition, US presidential candidate Kennedy said that President Trump may announce his plan tomorrow to authorize the US government to purchase one million bitcoins as a strategic reserve asset. I appreciate this statement.

BTC rebounded at 68,200 during the day, with an obvious upward trend, especially a strong rise starting from the 25th. A long upper shadow line also appeared during the day. There is a certain selling pressure at the high level. The subsequent market correction entered consolidation. The support of the 67,000 line below did not fall below. From the short-term hourly chart, the long and short sides began to gradually stalemate, and the trend was testing back and forth near the upper track, and BOLL has shown signs of closing. It is expected that the volatile market will continue, and the idea of ​​high-altitude and low-multiple ideas remains unchanged.

BTC operation suggestion: 67400-67600 long, defense 500 points, target 69000
ETH operation suggestion: 3210-3220 long, defense 40 points, target 3350#比特币大会 #美联储何时降息？ #美国大选如何影响加密产业？ #BTC #ETH $BTC $ETH $SOL