Odaily Planet Daily News: Analysts expect the Federal Reserve to cut interest rates by 25 basis points at the FOMC meeting on Wednesday. While lower rates usually boost risk assets like Bitcoin, the comments and economic forecasts made by the Fed during the Wednesday meeting could lower expectations for further rate cuts amid ongoing inflation concerns. Recent U.S. CPI and PPI data have raised worries about potential price pressures next year, especially considering speculation surrounding the economic policies of U.S. President-elect Donald Trump. Furthermore, although macroeconomic events still have an impact, QCP Capital analysts believe that Bitcoin's recent rise has been primarily driven by market sentiment. (The Block)