The reason for the sharp drop in BTC has been found‼ ️Bad news hits, the Fed suddenly takes action‼ ️

Last night, Nvidia in the US stock market plummeted. It is particularly worth noting that last night, the virtual currency market, which is closely related to computing power, also plummeted. Bitcoin fell by more than 7% at one point and fell below $60,000. In the morning trading today, the decline narrowed, but it was still large. In the past 24 hours, the number of people who have been liquidated in the virtual currency market has exceeded 89,000. ‼ ️

So, what is the driving force behind the continuous decline of Nvidia and Nasdaq? In fact, it is an action of the Federal Reserve. ‼ ️

On June 24, local time, the Federal Reserve accepted a total of 435.916 billion US dollars from 71 counterparties in fixed-rate reverse repurchase operations.

This data is 100 billion more than on June 17, which means that during this period, the Federal Reserve has recovered liquidity in the market⚠️‼ ️😵‍💫#美联储何时降息？ $BTC