This Thursday marks a key moment for data release, specifically at 3 AM, when the Federal Reserve's interest rate decision meeting will take place. Unless unexpected circumstances arise, this interest rate is expected to remain unchanged at 25 basis points.
This decision may once again guide funds toward the cryptocurrency market. The price of 100,000 bitcoins may just be the starting point of a bull market, and this interest rate cut policy is expected to further drive up the price of bitcoin. Therefore, it is not impossible for bitcoin prices to break the 110,000 mark within this week.
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