Bao's speech is hawkish, and the possibility of a rate cut in December is reduced. Can Bitcoin continue to rise in the short term?
Bao said in the early hours of this morning that the Federal Reserve does not need to hastily relax monetary policy, thus suppressing the hope of another rate cut this year. The probability of a rate cut in December has also dropped to 62%. The popularity of Bitcoin and Ethereum may gradually fade in the next few days. Once funds begin to withdraw from the mainstream market, altcoins may take over some of the funds, and some altcoins will take off at this time.
The projects I am optimistic about are: SOL, SUI, DOGE, APT, etc., what specific points can be entered, leave a comment, and I will tell you
