Powell Makes Hawkish Remarks

Federal Reserve Chairman Jerome Powell spoke in Dallas, Texas on Thursday, stating that the strong performance of the economy gives officials the space to act cautiously regarding interest rate cuts, therefore "there is no need to rush to cut rates," and "we can make decisions cautiously in a strong economy."

Overnight Bitcoin also experienced a sharp decline

In just half an hour, Bitcoin dropped over $3,500, falling from $91,000 to $87,000, a decrease of more than $5,000 from its historical high. Coinglass data shows that in the past 24 hours, nearly 200,000 people in the cryptocurrency sector have been liquidated.

Let's first say that the recent start of the bull market means a money-making opportunity is coming, and we will seize the opportunity together as the market warms up in the future! Bitcoin continues to create myths, the price will reach new highs, and there are still new highs to come. The market trend is strong, the bull market does not signal a peak, and we do not short. #BabyMarvinf9c7牛市新星⭐