The cryptocurrency market was very lively during the Mid-Autumn Festival, like a big drama. The price of Bitcoin rose sharply, directly to $61,000, and this happened the day before the Federal Reserve held a meeting to discuss a possible interest rate cut. Isn't it a coincidence? The BTC stock market also rose by 5%, which seemed to be sending a signal to everyone, but it was a bit confusing, after all, it was still hovering near the previous high.
In contrast, the price of gold seemed a bit miserable, falling by more than 0.5%, which was really a world of ice and fire. Bitcoin is about to touch the door of $61,000. Behind this, everyone is guessing whether the Federal Reserve will cut interest rates.
As for the stock market, it was quite stable in the morning and hit a record high, but it began to waver in the afternoon. At 3 pm on Tuesday, only the Nasdaq index rose slightly, and the others fell.
Next, Uncle Lei thinks that the market may rise again and collapse after a short period of interest rate cuts.
How do you think this market will go? Leave your answer in the comment area!
