Powell's historic rate cut signal shocked the cryptocurrency circle, and the market generally expects that the Fed will officially cut interest rates at the September meeting

Federal Reserve Chairman Powell recently sent a strong signal of rate cuts. This historic move immediately caused an uproar in the global financial market, and the cryptocurrency circle is no exception. Powell made it clear that in order to ease the tension in the US labor market, now is the critical time to adjust policies, and rate cuts have become a foregone conclusion. The market generally expects that rate cuts will become the main topic at the Fed meeting in September, which not only marks a phased victory in the Fed's "anti-inflation war", but also foreshadows a major shift in the direction of global economic policy. Powell's direct and clear statement has eliminated many of the market's previous speculations and doubts, and pointed the way for investors. #新币挖矿DOGS