$BTC

Let us first try to understand why Bitcoin suddenly rebounded.

Yes, it has nothing to do with the debate between Trump and Harris, the governing theories of the two presidential candidates and Wall Street’s trading positions on the two, whether CZ is coming back, or whether Coinbase has been cleared of securities trading charges.

Simply because the market suddenly felt a breeze and almost all communities were speculating that there might be a 50 basis point rate cut next week.

Investors are increasingly betting on a 50 basis point rate cut next week, and in today's data, we can even see that the bets on both sides are close to 50:50.