- Bitcoin price increased sharply from 61,500 USD to more than 68,000 USD overnight, bringing Bitcoin's capitalization to 1,330 billion USD.

- Cryptocurrency markets rebound after the Fed's two-day policy meeting, with the Federal Open Market Committee deciding to leave interest rates unchanged at a 22-year high and forecasting three rate cuts in this year.

- Bitcoin and other growth assets such as technology stocks often benefit from a low interest rate environment and good liquidity.

- Bitcoin's recent weakness stems from investors' profit-taking after strong gains since the beginning of the year, and this trend has led to a mass liquidation of leveraged Bitcoin positions.#hotTrends #BitcoinHalving2024