Yesterday, the crypto market was really lively, like watching a big drama. The price of Bitcoin soared to 61,000, the day before the Fed's bigwigs met to discuss a possible rate cut. Coincidentally, the BTC stock market also rose by 5%, as if sending a signal to everyone, but it is still elusive, after all, it is still hovering near the previous high. In contrast, the price of gold is a bit miserable, falling by more than 0.5%, which is really a world of ice and fire.

Bitcoin has touched the door of $61,000, and behind this, everyone is guessing whether the Fed will cut interest rates. The stock market was quite stable in the morning, at a record level, but in the afternoon, hey, it began to shake. By 3 pm on Tuesday, only the Nasdaq index rose slightly, and the others withered.

The Fedwatch tool of the Chicago Mercantile Exchange predicts that the probability of a 25 basis point rate cut is 37%, and the probability of a 50 basis point rate cut is 63%.

As I wrote this article, BTC fell again, which really made my heart beat faster! What do you think of this market trend?