Ketai coin "hit porcelain" and "all-or-nothing", rose nearly 10 times in 3 days, and the highest increase was as high as a thousand times. All-or-nothing, have you watched it?

After the Federal Reserve raised interest rates by 50 basis points in the early morning of the 15th, U.S. stocks fell in response. Especially last night, it dropped 3.23%. It has fallen below the consolidation center of the past month and is about to go straight to a new low again. Bitcoin also fell for two consecutive days, falling below $17,000 again.

Some people may find it strange. Isn’t it true that the Fed’s 50 basis point interest rate hike was within market expectations? Didn’t the inflation data fall further than expected? Why did the US stock market start to fall and Bitcoin also fell?

The Fed's 50 basis point interest rate hike this time is a certainty and there is no suspense. Therefore, the market's focus is no longer on how much the Fed will raise interest rates in December, but on what the Fed's terminal interest rate will be next year. In this dot plot, the Fed has clearly raised its expectations for next year’s terminal interest rates. Among the 19 policymakers, 10 believe that interest rates should be raised to 5%-5.25% next year