Why did it plummet last night? The root cause

1. It is said that a country sold its currency to buy arms. Rockets have risen more fiercely than Bitcoin in the past two years.

2. The Federal Reserve suddenly announced that the original three interest rate cuts would be reduced to one. The expected discount of the interest rate cut was too large, which led to a direct plunge, but it does not mean that there is no confidence.

3. The three major U.S. stock indexes plummeted collectively, with the Dow Jones Industrial Average falling by 1.24%, the Nasdaq falling by 1.62%, and the S&P 500 falling by 1.45%. Popular technology stocks fell across the board, with Nvidia, Tesla, and Meta falling by more than 2%, and Microsoft and Google falling by more than 1%, directly collapsing the currency circle.

4. Bitcoin will be halved in one week, and the callback before the halving is to accumulate power for pull-up.