A favorable announcement is about to be made next week. If this favorable news is released, not only will the US stock market be affected, but Bitcoin will also be driven up.

What exactly is this favorable news? It is actually the FOMC meeting, which we are very familiar with, and it will take place in 4 days. Currently, the market believes that the possibility of an interest rate cut this time is about 96%, and basically, the rate cut is a done deal.

As you all know, an interest rate cut represents the release of liquidity, and some of the money will flow into the secondary market. At the same time, the Nasdaq has recently also broken new highs, with a very strong upward trend, reaching around 21,600 points, setting a new historical high. If the FOMC cuts interest rates as scheduled, then this favorable news will drive up the prices of US stocks and Bitcoin.