[A macro point] Briefly summarize this month’s FOMC in two sentences:
- There will be no interest rate cuts for the time being, and there will be no interest rate increases at the same time.
- Retain the possibility of taking further measures against QT depending on changes in inflation
- The first interest rate cut is still highly likely to occur this year

Although Powell's expectations for interest rate cuts during the meeting were not as strong as before, I believe that everyone can already foresee this result from the monthly inflation data. Combined with the nearly 10% rebound of Bitcoin today, it is speculated that this bad news may have been brought forward by the market. Digestion.
#FOMC  #BTC  #macroeconomic

#Bitcoin crosses the $35,000 mark as bulls regain control of the market

_#Bitcoin (BTC) bulls were able to regain #control of the market and push the price of the world's highest digital currency by total market capitalization past the $35,000 barrier again, after a volatile trading session filled with events involving #macroeconomic risks, including the announcement The latest from the US Federal Reserve on the direction of its monetary policies. For its part, the Federal Reserve announced - unsurprisingly - its choice to keep the interest rate unchanged at its highest levels in decades, amounting to 5.25-5.5%, with its inclination towards further possible increases in interest rates amid concerns Continuing regarding the inflation rate, which is still high, above the Federal Reserve’s target of 2.0%, amid the US economy’s continued apparent strength.

$BTC

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